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. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB

 

One United Properties borrows EUR 78 mln from three banks to develop One Cotroceni Park

One United Properties (ONE), a mixed-use real estate developer listed on Bucharest Stock Exchange (BVB), announces entering into a financing agreement for up to EUR 78 mln for the office component at One Cotroceni Park project.

The financing is provided to One Cotroceni Park Office(some EUR 40 mln) and One Cotroceni Park Office Phase 2 (some EUR 28 mln) as borrowers. A VAT facility of EUR 9 mln is also part of the agreement.

The financing banks are Banca Comerciala Română (BCR), Erste Bank and BRD Group Société Générale (BRD). The loan’s maturity is seven years.

Developed on a 5.8 hectares plot of land, on the site of the former Ventilatorul platform, One Cotroceni Park is one of the largest urban regeneration projects in Bucharest, designed in a Live / Work / Play holistic approach.

The mixed-use project includes an office component with two large Class A office buildings with approximately 75,000 sqm GLA, a residential compound with over 850 units and a commercial one.

(Photo courtesy of the company)

andrei@romania-insider.com

Normal
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. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB

 

One United Properties borrows EUR 78 mln from three banks to develop One Cotroceni Park

One United Properties (ONE), a mixed-use real estate developer listed on Bucharest Stock Exchange (BVB), announces entering into a financing agreement for up to EUR 78 mln for the office component at One Cotroceni Park project.

The financing is provided to One Cotroceni Park Office(some EUR 40 mln) and One Cotroceni Park Office Phase 2 (some EUR 28 mln) as borrowers. A VAT facility of EUR 9 mln is also part of the agreement.

The financing banks are Banca Comerciala Română (BCR), Erste Bank and BRD Group Société Générale (BRD). The loan’s maturity is seven years.

Developed on a 5.8 hectares plot of land, on the site of the former Ventilatorul platform, One Cotroceni Park is one of the largest urban regeneration projects in Bucharest, designed in a Live / Work / Play holistic approach.

The mixed-use project includes an office component with two large Class A office buildings with approximately 75,000 sqm GLA, a residential compound with over 850 units and a commercial one.

(Photo courtesy of the company)

andrei@romania-insider.com

Normal
 

facebooktwitterlinkedin

1

Romania Insider Free Newsletters