We Rent Group, active in the professional housing rental market, attracted EUR 13.5 million financing from Vista Bank to accelerate the development of its residential portfolio. We Rent operates in the professional residential rental segment, with approximately 500 units in its portfolio and with the objective of doubling them by 2030.
“We Rent operates in a unique segment in the real estate industry – professional residential rental (Residential Renting), which will benefit from sustained expansion in the coming period, including by expanding outside Bucharest. We are pleased that, on our tenth anniversary, we have attracted a partner who understood the potential of our business model and who wants a long-term collaboration”, said Alexandru Craiu, Group Credit Manager of the We Rent group.
The group, with American shareholders, operates in the central-southern area of Bucharest, where it owns four residential buildings with approximately 500 units.