Arrangement €50 million financing Suceava Shopping City, Romania (RO)

Argo Real Estate Opportunity Fund Limited ("AREOF" or "the Group") is pleased to announce the refinancing of its existing loan facility with Alpha Bank following the successful completion and opening of Suceava Shopping City in April of this year.

The proceeds of the financing will enable further optimisation of the Group's capital structure and provide additional working capital for current development projects. The 50,000 m

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