The funding came from Erste Bank, Banca Comerciala Romana SA, Raiffeisen Bank SA, Raiffeisen Bank International and UniCredit Bank SA, represented by law firm Dentons.
AFI was advised by law firm CMS.
“This refinancing reflects the sound trust our financial partners have in the AFI portfolio and in the long-term potential of the market in Romania,” said Doron Klein, deputy CEO of AFI Group and CEO of AFI Romania.
Early this year, AFI secured two refinancing packages, worth EUR173 milion, for four office space projects – AFI Park Timisoara, AFI Lakeview, AFI Park Floreasca, AFI Victoriei Plaza and for build-to-rent residential project AFI Home North.
(English version by Loredana Fratila-Cristescu)