Meta Estate Trust exits resi project near Bucharest

Business Forum
The local real estate holding company, Meta Estate Trust, has announced its exit from the First Estates Pipera residential project. 

In late 2022, the company had acquired 7 apartments and 7 parking spaces in the development, valued at €775,000.

The exit was completed in early September 2025, yielding an internal rate of return (IRR) of 17%.

Bogdan Gramanschi, CFO at Meta Estate Trust, said: "The results achieved through our Trading business line validate the consistency and agility of our investment model. The First Estates project reconfirms Meta's ability to identify high-potential opportunities and quickly turn them into tangible results with competitive returns."

Meta Estate Trust's trading portfolio also includes other residential projects, such as Parcului 20 by Cordia and Mobexpert Homes Pipera, which have generated returns of up to 30%. 

The company has additional projects in progress with planned exits between 2025 and 2027.

RECOMMENDED
Meta Estate Trust names new CEO
Real estate

Meta Estate Trust names new CEO

Romanian property holding Meta Estate Trust has appointed Dan Petrișor as its new CEO, effective January 2026, following a Board of Directors decision from October 31st.

RECOMMENDED FROM THE HOME PAGE
Anima Wings attracts three institutional investors
Industry

Anima Wings attracts three institutional investors

Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.

Energy

PPC blue secures EU funding for EV chargers

PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.

Economy

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.

READ MORE
Business Forum  |  30 April, 2026 at 7:30 PM
Business Forum  |  30 April, 2026 at 2:08 PM