Libra Internet Bank grants €35.5 million loan for Bucharest resi complex

Business Forum

3 September, 2025 at 6:09 PM

Libra Internet Bank has announced a €35.5 million financing package to support the sixth phase of the Exigent Plaza Residence development in western Bucharest.

The project will comprise five residential buildings and a total of 738 apartments, featuring a mix of studios and two-, three-, and four-bedroom apartments, complemented by both underground and surface parking spaces.

Residents will also benefit from on-site amenities, including a retail area, a kindergarten, a playground, and generous green spaces.

Cristina Mahika-Voiconi, GM of Libra Internet Bank, said: “The financing granted for the expansion of Exigent Plaza Residence underscores our objective to support the real estate market through partnerships with developers who deliver solid residential projects that add value to the community.”

Exigent Development is part of Alfa Group, which took over a large part of Iride Park office project from CPI Romania in mid-2025.

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