BRD led banking consortium provides €190 Million loan to NE Property BV
A banking consortium led by BRD, together with UniCredit Bank and Garanti BBVA Romania, granted NE Property BV, part of the NEPI Rockcastle group, a revolving loan linked to sustainability objectives in the amount of EUR 190 million.
“This financing allows us to accelerate investments in projects that reduce the carbon footprint and contribute to the development of a more resilient community and a cleaner environment,” said Eliza Predoiu, CFO of NEPI Rockcastle.
This financing, structured as a “club loan” for a period of three years, with the possibility of extension for another two years, represents one of the most significant financings linked to sustainability objectives in the commercial real estate sector in Romania in 2025.
The transaction was legally assisted by the law firms CMS, which represented the banking consortium, and Dentons, which advised NEPI Rockcastle.