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NEPI and Carrefour get €28 million for Ploiesti shopping centre in Romania
Aug 06, 2012
Real estate investment fund NEPI and Carrefour’s real estate arm are developing the Ploieşti Shopping City shopping centre. They have received a €26 million loan from BRD to finalize the shopping centre.
The total investment in the centre is €65 million, with BRD covering 40 percent of the total, making it one of the biggest real estate financing agreements this year, after a period when real estate funding has all but dried up.
The centre should be completed by the end of this year, with the opening for the public set for November 2012.