News Article AFI Europe BCR Erste investment loand NEPI Rockcastle office pbb Romania
by Property Forum | Investment

AFI Europe Group contracted a €170 million loan from a consortium of banks consisting of Erste Bank Group, pbb Deutsche Pfandbriefbank, and Banca Comerciala Romana (BCR) to acquire NEPI Rockcastle’s office portfolio of in Romania.

The portfolio sold by NEPI Rockcastle to AFI Europe, valued €307 million, comprises four Class A office projects: Floreasca 169, The Lakeview, Aviatorilor 8 in Bucharest and City Business Center in Timisoara, all with green credentials and strategically located in the most sought after business centres in Romania, with a total leasable area of ​​118,500 square meters.