The project is located in the heart of Timisoara, close to the Botanic Park, and will consist of 7 modern buildings with over 1,000 apartments, a new pedestrian area with restaurants, coffee shops, stores, kindergartens and other amenities.

“With this financing, Libra Internet Bank reaffirms its commitment to supporting large real estate projects, which contribute to sustainable urban development and to improving the quality of life for the communities created this way. Alenia Botanic Park is an outstanding project in every way – from location, apartment furnishing and equipping to well-thought amenities for the future inhabitants – and we are glad to contribute to turning this spectacular concept into reality,” said Cristina Mahika-Voiconi, General Manager of Libra Internet Bank.

Libra Internet Bank was established in 1996 in Bucharest and is part of U.S. investment group New Century Holdings (NCH). Libra Internet Bank specializes in funding fields such as liberal professions, real estate developers and agribusiness.  

Almira Group comprises Romanian-held companies with over 25 years of experience in the fields of commerce and industrial & logistics real estate developments.