ARTICLES LABELLED WITH TAG IFC

Romanian developer Iulius has inaugurated Palas Campus, the biggest office building in Romania with a total leasable area of 60,000 sqm, of which 54,000 sqm are offices and the rest retail premises. The project was completed in three years following an investment of more than €120 million. 

Romanian developer Iulius has signed a partnership with IFC, a World Bank member, in a move designed to create a decarbonation strategy for the whole property portfolio with a target to reach net zero on carbon emissions. 

Property developer Globalworth has secured a green loan of €85 million from the IFC, a member of the World Bank, which will be used for the expansion of sustainable projects in Romania. 

Property group Globalworth has inked a 6-year green loan deal worth €85 million with the International Finance Corporation (IFC), which is a member of the World Bank.

Retail group NEPI Rockcastle secured a green loan worth €73.5 million from International Finance Corporation (IFC), a member of World Bank, in a bid to expand its sustainable business infrastructure in Romania. 

Romanian real estate developer Iulius says it will invest around €35 million in the infrastructure and urban mobility features for its Palas Campus project in Iași. The mixed-use project will feature 54,000 sqm of office spaces targeting tech companies and 6,000 sqm of retail spaces.

International Finance Corporation (IFC), part of the Word Bank Group, is providing a €72 million loan to a subsidiary of Iulius Holding for the development of a new green office project in Iași, northeastern Romania. 

IFC, a member of the World Bank Group, is providing a green financing package of approximately €205 million to Warehouses De Pauw NV (WDP), a Belgian real-estate investment trust, to support the construction of around 1 million sqm of resource-efficient semi-industrial and logistics properties across Romania. The green financing fits within a larger €750 million financing programme and includes green financing from third-party investors mobilized by IFC under its Managed Co-Lending Portfolio Program and from international commercial banks.  

The EBRD and IFC, a member of the World Bank Group, are boosting the retail sector in Serbia, Montenegro and FYR Macedonia with €164 million in loans to the investment firm Hystead.