Meta Estate Trust invests in retail park near Bucharest

Business Forum
Romanian property holding Meta Estate Trust is investing around €2 million in the Cioplani retail park located near Bucharest.

Meta Estate Trust has secured a 76% stake in the project vehicle, with the remaining shares held by the developer (12%) and an additional strategic partner (12%). 

The retail park is currently under development and is slated for delivery in Q4 2025, becoming operational in early 2026.

A key highlight of this investment is a 13-year lease agreement with a European retailer.

Alexandru Bonea, CEO of Meta Estate Trust, said: "The chosen location and tenant mix directly address a real need in the local community, which gives us confidence in the efficiency and success of this investment. Upon completion, we estimate that the asset will generate gross annual income of over €350,000, further solidifying Meta Estate Trust's position in the leased commercial asset segment.”

The project is financed through a balanced mix of equity, partner contributions, and a minimum 10-year investment loan from BT.

The operation and management of the asset will be handled by the developer, Călin Dobra, through ERES One Development.

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