Libra Internet Bank finances the Stellaris Residencias with EUR 6.65 million

4 October 2023

Libra Internet Bank and Hercesa Romania have signed a new RON 33 million financing contract for the construction of a real estate complex, the 12th partnership of this kind between the two companies. The financing will be used for the development of the Stellaris Residencias project, which will be built in the Drumul Taberei district of Bucharest.

“This new collaboration between Libra Internet Bank and Hercesa Romania is natural, as this is the 12th financing contract we have signed together. Such long-term collaborations demonstrate the quality of services that Libra Internet Bank offers to partners in Real Estate, one of the areas in which we have specialized in the last 9 years,” said Cristina Mahika-Voiconi, General Manager of Libra Internet Bank.

The Stellaris project will comprise more than 4,500 apartments and represents an investment of EUR 59 million. The first phase of Stellaris Residencias, already launched for construction, will have 482 apartments of 2, 3 and 4 rooms. The first apartments will be handed over to customers in the last quarter of 2024.

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