M Core Group secures €177 million financing

M Core has deepened its strategic relationship with Alpha Bank Greece, securing €177 million in financing to support the continued growth of its Romanian portfolio. This milestone marks Alpha Bank’s role as a key financial partner in M Core’s long-term vision for Central and Eastern Europe.

The funding package will enable M Core to advance several high-impact initiatives across Romania, including:

• The acquisition of two major shopping centres: Shopping City Suceava and Shopping City Focșani
• The purchase of a portfolio of seven retail parks from MAS Real Estate
• The development of 18 new Lidl stores under the M Park brand

Benjamin Lee, Chief Financial Officer for M Core, said, “This partnership represents a significant step forward in our regional strategy in Romania. We appreciate Alpha Bank sharing in our vision and providing steadfast support in delivering sustainable, high-quality retail destinations. Our thanks go to the teams at Alpha Bank for their professionalism and commitment throughout this process.”

M Core continues to reinforce its leadership in the Romanian retail real estate market, with a focus on proximity-led development, optimised tenant mix, and long-term partnerships with leading brands.