Raiffeisen Bank Romania and Raiffeisen Bank International are part of the banking consortium that granted AFI a refinancing package worth €537 million, the largest transaction of this kind on the Romanian real estate market.

The financing was arranged together with Erste Bank, BCR and UniCredit Bank, marking a record transaction in terms of both value and coordination complexity. The deal underlines the resilience of the Romanian real estate sector and its ability to attract significant regional capital.

The refinancing covers three of AFI’s flagship assets: AFI Cotroceni, one of the largest shopping centres in Central and South-Eastern Europe with around 90,000 sqm of leasable area; AFI Brașov, a mixed-use development combining retail and Class A office space; and AFI Ploiești, a key regional retail hub. These properties play an essential role in local economic activity and urban development.

Raiffeisen’s participation reinforces the bank’s strategic focus on supporting large-scale investments that generate long-term value for the business environment and local communities. The bank continues to be an active partner for companies developing structurally relevant projects in Romania.

“The local real estate market continues to show dynamism and potential, and this speaks volumes about the direction in which Romania is evolving. We support projects that accelerate urban development and choose solid, well-built initiatives able to withstand and create long-term value,” stated Alin Neacșu, Large Corporate Director, Raiffeisen Bank Romania.

The refinancing strengthens AFI’s market position and demonstrates the availability of financing for long-term income-generating assets. At the same time, it highlights the role of financial institutions in enabling high-impact real estate investments at a time when the sector remains a reliable indicator of economic stability.

With a consistent track record in structured financing, Raiffeisen Bank Romania remains a key player in supporting large projects that contribute to Romania’s economic development.