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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Erste refinances entire Romanian portfolio of Belgian real estate investor Mitiska

Mitiska REIM, a leading specialist investor in European retail parks and convenience centers, has secured a EUR 123 million senior debt facility from Erste Group Bank AG to refinance its entire retail park portfolio in Romania.

The company manages one of the largest retail real estate portfolios in the country, including 24 shopping centers with a total area of 132,000 sqm.

Local law firm PeliPartners assisted the group in obtaining funding. Mitiska REIM will use the funds to complete a new retail park in Baia Mare, expand its centers in Tulcea, Slatina, and Medias, and provide liquidity to the shareholders who supported the portfolio development, the group said.

"We are glad to have the PeliPartners team with us in this complex refinancing transaction. Their experience in LMA (loan market association) credit documentation, real estate law, and due diligence analysis has helped us to progress in the transaction quickly and easily," said Tomas Cifra, Investment Director for Central and Eastern Europe at Mitiska REIM.

(Photo: Lovelyday12/ Dreamstime)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Erste refinances entire Romanian portfolio of Belgian real estate investor Mitiska

Mitiska REIM, a leading specialist investor in European retail parks and convenience centers, has secured a EUR 123 million senior debt facility from Erste Group Bank AG to refinance its entire retail park portfolio in Romania.

The company manages one of the largest retail real estate portfolios in the country, including 24 shopping centers with a total area of 132,000 sqm.

Local law firm PeliPartners assisted the group in obtaining funding. Mitiska REIM will use the funds to complete a new retail park in Baia Mare, expand its centers in Tulcea, Slatina, and Medias, and provide liquidity to the shareholders who supported the portfolio development, the group said.

"We are glad to have the PeliPartners team with us in this complex refinancing transaction. Their experience in LMA (loan market association) credit documentation, real estate law, and due diligence analysis has helped us to progress in the transaction quickly and easily," said Tomas Cifra, Investment Director for Central and Eastern Europe at Mitiska REIM.

(Photo: Lovelyday12/ Dreamstime)

andrei@romania-insider.com

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