Business Forum • 8 April, 2026 at 2:30 PM
Meta Estate Trust has announced the development of a new commercial asset in Vânători commune, Galați County, based on a 15-year lease agreement with Penny, part of the German Rewe group.
The contract includes extension options, providing visibility over future cash flows.
The asset is designed for food retail and will include infrastructure for green energy production and operation, contributing to long-term economic performance and energy efficiency. The project is part of the company's recurring income-generating assets portfolio.
Located on DN26 in a high-visibility area near Galați, the project has an estimated market value of over €2.3 million upon completion. Delivery to the tenant is planned for Q4 2026.
Upon completion, the asset will generate an estimated annual gross income of approximately €220,000 from lease agreements. The project will also benefit from additional revenues from green energy operations.
Based on available data, the investment indicates an estimated annual return of 18% over an average holding period.