M Core secures €175 million financing from Alpha Bank Group
Real estate

M Core secures €175 million financing from Alpha Bank Group

Business Forum
15 July, 2025 at 4:03 PM
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania. 

Alpha Bank Greece, its Luxembourg branch, and Alpha Bank Romania have financed, through four transactions, several companies part of the M Core group for the acquisition of multiple real estate assets. 

Additionally, Alpha Bank Greece and its Luxembourg branch provided financing to M Core for the acquisition of a portfolio of seven fully-occupied strip mall-type shopping centres from MAS PLC. 

These projects, with a total leasable area of approximately 32,000 sqm, are located in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș, and Gheorgheni, 

The financing also covered Focșani Shopping Centre and Suceava Shopping City with a total leasable area of approximately 88,100 sqm.

Law firm Dentons has advised Alpha Bank on the financing deals.

RECOMMENDED
M Core opens new retail park in Orăștie
Real estate

M Core opens new retail park in Orăștie

M Core has inaugurated M Park Orăștie, a retail park designed to strengthen the group's presence in regional markets and expand its national portfolio of convenience-led retail assets. Located on a 23,000 sqm land plot, the project delivers a built area of approximately 5,500 sqm.

LATEST NEWS
More
1 Dec
GTC posts stable cash flow despite revaluation losses
27 Nov
Agroland opens two new stores with €350,000 investment
27 Nov
M Core opens new retail park in Orăștie
27 Nov
Romania's budget deficit drops to 5.72% on 10 months
27 Nov
EBRD backs Altex's €43 million acquisition of DIY chain Bricostore
RECOMMENDED FROM THE HOME PAGE
Economy

Romania's budget deficit drops to 5.72% on 10 months

Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.  

Agriculture

Agroland opens two new stores with €350,000 investment

Romanian entrepreneurial group Agroland, active in retail, agribusiness, food production and animal nutrition, continues its expansion strategy by opening two new stores in Mega format in Odorheiu Secuiesc and Orăștie. With these openings, the Mega network reaches 36 units nationwide.

Energy

Over 27% of Romanians interested in buying heat pumps

Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.

POPULAR
1
Real estate
2 months ago
Romanian home sales stagnate as Bucharest market declines
2
Real estate
2 months ago
Romania's industrial stock nears 8 million sqm milestone
3
Real estate
2 months ago
Romanian property sales drop 1% after VAT hike
4
Real estate
1 month
Romania leads Europe in construction with 8% GDP share
5
Real estate
2 months ago
IT sector hits 15-year demand low in Bucharest office market
READ MORE
Business Forum  |  27 November, 2025 at 7:13 PM
Agroland opens two new stores with €350,000 investment
Business Forum  |  27 November, 2025 at 5:35 PM
Romania's budget deficit drops to 5.72% on 10 months