Romanian Real Estate News – 17/01/23

Romanian Real Estate News

RETAIL

NEPI Rockcastle, a leading investor and developer of commercial property in Central and Eastern Europe and the largest shopping mall owner in Romania, obtained a green loan worth EUR60 million, for Ploiesti Shopping City, from a banking syndicate led by BRD Groupe Société Générale.

INVESTMENTS

The investors already active on the local real estate market are interested to consolidate their positions, but one can notice the absence of investors from a specific part of the world, according to Mihnea Serbanescu, general manager of real estate consultant Cushman & Wakefield Echinox, Ziarul Financiar reported.

OFFICE

-One United Properties, a green investor and developer of residential, mixed-use, and office real estate in Romania, is now focusing on developments in the office, commercial and housing segments, but also plans to expand on the hotel one, according to Victor Capitanu, co-founder and co-CEO of the company, and Bucharest is the primary location for these developments, Ziarul Financiar reported.

-America House, the Iconic Class A office building, located in the heart of Bucharest CBD, is the first – Class A office building in Bucharest to obtain an OUTSTANDING rating according to BREEAM In-Use certification methodology, after a major investment of EUR 10 million.