Prime Kapital secures €150m loan for Mall Moldova

Real estate and asset manager Prime Kapital has secured a €150 mln syndicated loan to refinance its Mall Moldova property. 

The loan was arranged by UniCredit Bank Romania and Alpha Bank Greece, with UniCredit Bank Romania also acting as the coordinator and contributing €75 mln. 
Mall Moldova, developed and owned by Prime Kapital, opened in April 2025 and is recognised as one of only two super-regional shopping malls in Romania. 
Andrei Bratu, executive VP of the Corporate & Investment Banking Division of UniCredit Bank, said: “The coordination of this syndicated financing reconfirms our expertise in structuring complex transactions, adapted to current market realities. UniCredit Bank’s participation in the E150 mln  syndicate reflects its strong commitment to the real estate sector, its leading position and its capacity to support large-scale real estate projects.”
Nikolaos Nezeritis, chief of Corporate and Institutional Banking of Alpha Bank Greece, commented: “By arranging and participating with €75 mln in the €150 mln syndicate, we reaffirm our strategic focus on the real estate sector and our commitment to backing projects that promote sustainable development and long-term value creation. Our relationship with Prime Kapital reflects a strong alignment of objectives and a shared belief in the potential of high-impact projects that accelerate investment activity and growth.” 
Andrew Bird, partner at Prime Kapital, added: “The facility reflects the strong fundamentals of Mall Moldova, which has redefined the shopping and entertainment landscape in eastern Romania since opening in April 2025. We’re highly appreciative of the efforts of the banks and advisors, which allowed us to close the facility well ahead of our timing requirements“.
Prime has directly owned real estate assets of over €650 mln, including over €500 mln of recently-opened modern malls in Romania. Prime Kapital is also the largest shareholder of MAS, which owns and operates retail assets of over €1bn across CEE, complemented by a significant minority investment in a joint venture with Prime Kapital.