Meta Estate Trust announces the securing of a pipeline of four major commercial projects, to be developed in partnership with international food retail brand Penny.
Meta Estate Trust signed memorandums of understanding for the acquisition of four commercial spaces, which will be developed in various localities on the territory of Romania. They will be leased long-term (10-15 years) based on an inflation-indexed contract, with no early termination option.
“To grow this company — faster than the 10 percent organic growth we’re already delivering to our shareholders — we need to outline an attractive pipeline of projects and raise the necessary capital to make it happen. These four projects provide us with solid revenue predictability and help reduce our exposure to market risks. At the same time, recurring revenues of EUR 1 million annually, to which is added the possibility of raising over EUR 6 million in loan financing, will allow us to achieve our ambitious growth goals,” says Alexandru Bonea, CEO of Meta Estate Trust.
The construction of the four commercial spaces whose total area is approximately 6,000 sqm will be started at different times, between August and December 2025, and their completion is planned for December 2026.
