The current financing line will be used to develop the Campeador City project, one of the amplest residential projects under development in the western city of Timisoara. The first phase of the Campeador City is located in downtown Timisoara and consists of two blocks with 95 apartments each and 113 underground and aboveground parking spaces. The deadline is scheduled for April 2022.
Campeador City will include eight blocks with one, two and three-room apartments and an office building which will also have retail spaces and a kindergarten. The project will be developed in four stages.
Campeador Group has an experience of 15 years in residential and commercial constructions, and has finalized infrastructure and retail works, building upgrade works, thermal rehabilitations, road and agri-industrial constructions in Cluj-Napoca, Bistrita, Bucharest, Timisoara and in other localities in Romania. To date, the company has delivered over 1,000 apartments in seven residential projects in Romania and Austria.
PCF Investment Banking acted as exclusive consultant of Campeador Group in structuring, negotiating and implementing the financing facility, which is the third funding obtained by PCF for Campeador.
PCF Investment Banking is a local consultant in the field of financing and corporate investment services, M&A (mergers and acquisitions) and investment attraction. The company’s team advised over 100 local and international companies, finalizing transactions worth over EUR1.5 billion.