M Core secures €175 million financing from Alpha Bank Group
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
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.

The listing of minority stakes from state companies is beneficial for Romania's economy and can contribute to increased prosperity for Romanians, according to a study by CFA Romania Association.
ING Bank Romania reported a 5% increase in total revenue for 2025, surpassing RON 4 billion (€800 million).
A consortium of international and local lenders has finalised a €100 million project financing package for the "Dobrun & Sadova" solar portfolio in Romania.
Vodafone Romania has completed the merger of Evotracking and iSYS Professional, two wholly-owned technology entities, into a single company operating under the commercial name Evogps powered by iTrack.
The EU employment rate reached over 76% in 2025, but Romania remains among member states with the lowest employment rates, according to data published by Eurostat on Friday.