Unirii View Secures EUR 29.5 Million Financing from BCR
Deal News | Dec 10, 2024 | Wolf Theiss
Banca Comercială Română (BCR), a prominent Romanian bank, has provided a EUR 29.5 million financing package for the Unirii View office building, situated in Bucharest. This transaction underscores BCR’s active role in supporting significant real estate developments within the region. Wolf Theiss, a well-known law firm, advised BCR on this transaction. Unirii View is poised to be a notable addition to Bucharest's skyline as it aims to provide state-of-the-art office facilities. This financing not only highlights Bucharest's growing appeal in the real estate sector but also reflects the strategic interests of both domestic and international financial entities in investing in Romania's urban infrastructure.
Sectors
- Real Estate
- Financial Services
- Legal Services
Geography
- Romania – The office building and the bank involved are based in Romania, making it the central geographical focus.
Industry
- Real Estate – The article focuses on the financing of a property development, which is a core aspect of the real estate industry.
- Financial Services – Banca Comercială Română (BCR), a financial institution, is the key financier providing the loan, underlining the involvement of the financial services sector.
- Legal Services – Wolf Theiss, a law firm, acted as the legal advisor, highlighting the engagement of the legal services industry.
Financials
- EUR 29.5 million – The financing amount provided by BCR for the development of the Unirii View office building.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Unirii View | Target | Company | An office building in Bucharest, Romania, recipient of the EUR 29.5 million financing. |
| Banca Comercială Română (BCR) | Financer | Company | A leading bank in Romania providing financing for the Unirii View project. |
| Wolf Theiss | Legal Advisor | Company | A law firm advising BCR on the transaction. |