The estimated timetable foresees that the four commercial spaces will be developed with separate start and completion dates. Each transaction will be approved individually by the company’s board of directors. Construction of the four commercial spaces totaling approximately 6,000 square meters will begin at different times between August and December 2025, with completion planned for December 2026.
According to the company’s officials, the sealing of the respective agreements brings a new strategic direction for the investment portfolio. Such deals will be meant to minimize risks and operating costs for Meta Estate Trust, also offering long-term predictability and stability.
“To develop this company – accelerating more than the 10% organic growth we’re already delivering to our shareholders – requires an attractive pipeline of projects and raising the capital needed to complete it. These four projects give us solid revenue predictability and help reduce our exposure to market risks. At the same time, recurring revenues of € 1 million annually, plus the availability to raise over € 6 million in financing through loans, will position us to achieve our ambitious growth targets,” stated Alexandru Bonea, Managing Director Meta Estate Trust.
The company in 2023 posted RON9.47 million net profit, up 46%, and RON12.38 million turnover, 20% higher.
(English version by Catalina Apostoiu)