Business Forum • 18 February, 2026 at 6:30 PM
Property developer Prime Kapital has secured a €150 million syndicated loan arranged by UniCredit Bank Romania and Alpha Bank Greece to refinance Mall Moldova.
Owned and developed by Prime Kapital, Mall Moldova opened in April 2025 and is one of only two super-regional shopping malls in Romania.
UniCredit Bank contributes €75 million to the transaction. "The coordination of this syndicated financing reconfirms our expertise in structuring complex transactions, adapted to current market realities," said Andrei Bratu, Executive Vice President of the Corporate & Investment Banking Division of UniCredit Bank.
Alpha Bank participates with €75 million in the €150 million syndicate. "This transaction marks an important milestone and highlights Alpha Bank's ability to support investment initiatives with structured and forward looking financing solutions," said Nikolaos Nezeritis, Chief of Corporate and Institutional Banking of Alpha Bank Greece.
"The facility reflects the fundamentals of Mall Moldova, which has redefined the shopping and entertainment landscape in eastern Romania since opening in April 2025," added Andrew Bird, partner at Prime Kapital. "We're appreciative of the efforts of the banks and advisors, which allowed us to close the facility well ahead of our timing requirements."
With a retail space of approximately 125,000 sqm, Mall Moldova features over 250 stores, the largest cinema in Eastern Romania, and an entertainment area spanning over 10,000 sqm.
Prime Kapital directly owns assets exceeding €650m, including a €500m Romanian retail portfolio developed in-house. Furthermore, Prime Kapital is the largest shareholder in MAS, which operates over €1billion in CEE retail assets.