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.

Purcari Wineries announced a major step towards the completion of the voluntary public takeover bid by Maspex Romania.
The Ministry of Finance (MF) has borrowed RON 833 million (around €167.3 million) from banks through two state bond issues, according to BNR data.
The Competition Council in Romania has issued a series of competition concerns regarding the planned acquisition of local retailer La Cocoș by the Schwarz Group.
The volume of retail trade in Romania saw a significant drop in September 2025, registering a -2.1% decrease compared to the same month in the previous year.
Parapet, the Romanian EPC contractor specialising in renewable energy, has announced the signing of seven new contracts with Italian green energy company, Alerion.