US-based Mega Company has successfully secured a €20.6 million loan facility for Mega Distribution Center, a 45,000 sqm logistic park located in Bucharest.
The loan was provided by Alpha Bank Romania and Mega Company will use the funds to refinance its existing loans and continue its expansion on the logistics market.
The company has been investing in the Romanian market for three decades.
“The structuring will allow Mega Group to continue its expansion plan while benefiting of competitive financing terms,” said Maxime Otto, Capital Markets at JLL.
Real estate consultancy JLL worked on behalf of the sponsor, Mega Company, to arrange the financing. Law firm PeliPartners provided legal support.
