Business Forum • 1 July, 2026 at 10:53 AM
Deutsche Pfandbriefbank AG (pbb) has underwritten a €123 million investment facility on behalf of funds and accounts managed by Cerberus Capital Management and Revetas Capital to refinance th Radisson Blu Hotel Complex in central Bucharest. pbb acted as arranger and sole lender under the facility.
The hotel complex is split into a Radisson Blu and Park Inn Hotel, offering 785 rooms spread across 12 interconnected buildings with a total floor area of around 72,800 sqm surrounding the courtyard swimming pool. Since 2019 it has been refurbished with a reconstruction budget exceeding €25 million. Guests also benefit from amenities situated within the complex.
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