Post by CPI Europe

CPI Europe closes €100 million financing for Sun Plaza with OTP Bank and ING Bank Romania CPI Europe AG has successfully closed a new €100 million financing for Sun Plaza, one of Bucharest’s leading shopping centers and a flagship retail asset within the Group’s portfolio. The financing was arranged as a club deal between OTP Bank and ING Bank Romania, with each bank providing equal commitments. Opened in 2010, Sun Plaza is a dominant retail destination in southern Bucharest, offering more than 170 retail, dining and entertainment concepts across approximately 81,000 sqm of gross leasable area. The center benefits from direct access to the Piața Sudului metro station and holds a BREEAM Excellent certification.