HORIZON CITY Secures EUR 36.5 million Financing from Libra Internet Bank

HORIZON CITY, the residential project developed by British investor Ghai Sant Ram in northern Bucharest, has secured EUR 36.5 million in financing from Libra Internet Bank. The funds will be used to continue and accelerate construction works, with full project completion targeted for the first half of 2027, six months earlier than initially announced.

“The EUR 36.5 million financing represents a very important step for HORIZON CITY and provides the project with a solid financial resource for the next stage of development. For buyers, this financial structure means greater predictability and security regarding the accelerated progress of the project,” says Cătălin Apetri, CEO and Founder of CGA Home Consulting and Development Director for Romania for investor Ghai Sant Ram.

HORIZON CITY  is being developed on Pipera Boulevard, on a 23,000-square-metre site, and comprises 699 residential units arranged across eight stairwells and two development phases. The project provides 926 parking spaces, including 900 underground and 26 above ground. The total investment exceeds EUR 130 million.