Property group NEPI Rockcastle, the largest owner of shopping centres in Romania, has secured a green loan totalling €60 million for Ploiești Shopping City from a syndicate of banks.
Property developer Speedwell has secured financing from Alpha Bank Romania for SpacePlus, its first industrial development located in north-western Bucharest.
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.
Alpha Bank Romania has sold a 60,000 sqm plot of land in Timișoara to German retail chain Lidl and two other investors. The Romanian bank previously planned to develop a shopping centre there, Ziarul Financiar reported.
International luxury brand Rituals is joining the IULIUS retail network. This autumn, it will open new stores in the mixed-use developments Iulius Town Timișoara and Palas Iași, as well as in Iulius Mall Cluj.
Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.
New appointments
Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.
Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
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