Tuesday, 7 July 2026
Investment funds Revetas Capital and Cerberus have obtained a refinancing for the Radisson Blu hotel complex in Bucharest, purchased in 2017 for almost EUR 170 million. Deutsche Pfandbriefbank AG (pbb) refinanced the hotel with EUR 123 million.
The hotel complex is divided into the Radisson Blu and Park Inn hotels and offers a total of 785 rooms, distributed in 12 interconnected buildings. The total developed area is approximately 72,800 sqm, and since 2019, the complex has been completely renovated, following investments of over EUR 25 million.
Cerberus is a global alternative investment firm, with assets of approximately USD 70 billion in complementary credit, private equity and real estate strategies. Revetas is an international institutional investment platform and has managed, advised, invested and/or developed real estate assets worth over EUR 7.9 billion.
Source: economica.net
