Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.
MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.
Building-materials supplier Holcim Romania has announced the acquisition of Uranus Pluton, a granite quarry operator active since 2004 in Cerna, Tulcea County.
The initial public offering (IPO) of Electro-Alfa International kicked off on February 2nd and will end on 11th February 2026.
Raiffeisen Bank Romania ended 2025 with strong results, recording 22% growth in new clients compared to 2024.
In 2024, 10.8% of the Romanian population was unable to keep their home adequately warm, according to the latest data released by Eurostat.
Romania's Ministry of Finance will launch the Fidelis II government bond programme from 6-13 February, offering tax-free interest rates of up to 7.25% for lei-denominated bonds and up to 6% for euro-denominated bonds.