Meta Estate Trust announces new strategic investment near Bucharest
Meta Estate Trust announces a strategic investment in a new retail park, currently under development in Ciolpani commune, on the Bucharest–Ploiești axis (DN1). The project will be completed and handed over to tenants later this year, and will be opened to the public in the first quarter of 2026.
The total investment value amounts to approximately EUR 2 million. The main tenant and anchor food is a European retailer that has signed a firm 13-year lease. The portfolio is completed by other commercial tenants with a solid reputation, operating in a discount regime, which will operate on the basis of 5-year leases.
Meta Estate Trust currently owns 76% of the company developing the project. ERES One Development, founded by the Dobra family, the project developer, will take over the operation and management of the park once it opens.