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

Business Forum
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.

RECOMMENDED
Why northern Bucharests residential appeal continues to grow
Real estate

Why northern Bucharest's residential appeal continues to grow

Răzvan Brasla, CEO of Cloud9 Residence, talked to Property Forum about the company's €90 million investment in a new residential complex in northern Bucharest and the trend of homebuyers who want to be close to the main business hub of the city that comprises a wide range of facilities.

RECOMMENDED FROM THE HOME PAGE
Industry

Luka Zivkovic takes the helm at Bonapp

Luka Zivkovic has been appointed as the new GM of Bonapp, the app supporting the reduction of food waste, following its merger with Munch earlier this year.

Industry

Symmetrica appoints new CEO

Symmetrica, the Romanian maker of vibro-pressed pavers and kerbs, has appointed Liviu Stoleru as its new CEO.

READ MORE
Business Forum  |  3 September, 2025 at 8:00 PM
Business Forum  |  3 September, 2025 at 3:30 PM