Real estate developer AFI secures EUR 537 mln refinancing

2 December 2025

Real estate developer AFI has secured a EUR 537m refinancing package for three major projects in its portfolio, AFI Cotroceni, AFI Braşov and AFI Ploieşti, the largest refinancing in the real estate sector in Romania.

 

The financing was provided by Erste Bank, Banca Comercială Română SA, Raiffeisen Bank SA, Raiffeisen Bank International and Unicredit Bank SA, represented by law firm Dentons. AFI was assisted by law firm CMS.

 

“This refinancing reflects the solid confidence that our financial partners have in AFI’s portfolio and in the long-term potential of the Romanian market. We remain committed to our development and consolidation plans, in line with our mission to deliver sustainable, high-quality projects that meet the ever-changing needs of our communities and clients,” said Doron Klein, Deputy CEO of AFI Group and CEO of AFI Romania.

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