The financing was granted for a period of five years.

"UniCredit Ţiriac Bank has a safe approach, but active for the financing of the real estate sector matching the bank’s global credit strategy, focused on quality projects and on companies with good history and good payment behavior ", a bank’s press release shows.

The Lakeview office building, completed in 2010, has a rentable are of more than 25,000 sq. m, being fully leased to tenants such as PricewaterhouseCoopers, Huawei, Colgate-Palmolive or Royal Bank of Scotland.

 The bank also financed several projects of the investment fund, including Banca Piteşti Retail Park and the logistic facilities in Otopeni and Râşnov.

New Europe Property Investments (NEPI) is a real estate investment and development company listed on the main market of Johannesburg Stock Exchange (JSE), on the Alternative Investment Market (AIM) of London Stock Exchange (LSE) and on the regulated market of the Bucharest Stock Exchange (BVB). (source: economica.net)