Libra Internet Bank has announced a €35.5 million financing package to support the sixth phase of the Exigent Plaza Residence development in western Bucharest.
Romanian developer Hils Development has obtained a loan of RON 99 million (close to €20 million) from Libra Internet Bank for the construction of Hils Sunrise complex in Bucharest.
Romanian developer Scala Development, part of Ax Perpetuum group, has secured RON 119 million (€24 million) from Libra Internet Bank for the development of the Scala Sopor residential complex in Cluj-Napoca.
Spanish developer Hercesa has obtained a loan worth 33 million lei (€6.6 million) from Libra Internet Bank for the construction of a new residential project in western Bucharest.
Anchor Grup has kicked off the development of Select Residences, a new residential complex that will be developed in Bucharest following an investment of €40 million.
Romania’s Impact Developer & Contractor says it secured a loan worth €10.6 million from CEC Bank that will used for the completion of the first phase of Boreal Plus residential complex in Constanța.
Libra Internet Bank and developer Niro Group have signed a financing agreement worth €24 million for the development of a Swissôtel hotel on Expozitiei Boulevard in northern Bucharest.
HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
New appointments
Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
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