CMS represents EBRD in extending a €120 million regional loan to AFI Europe to support its real estate expansion in Serbia, Poland, Romania and Czechia
The European Bank for Reconstruction and Development (EBRD) is providing a regional loan of up to €120 million to AFI Europe (AFI) to support its development pipeline across Serbia, Poland, Romania and Czechia. The financing will enable AFI, a leading regional developer and commercial real estate operator, to expand its modern portfolio of residential and commercial properties across central and eastern Europe (CEE).
All buildings financed under the loan will achieve high-level sustainability certifications, contributing to the EBRD’s Green Economy Transition approach. AFI has also committed, with the EBRD’s support, to implementing a comprehensive Corporate Climate Governance action plan, ensuring alignment with the upcoming EU Corporate Sustainability Reporting Directive and reinforcing its long-term environmental, social and governance strategy.
The CMS team was led by Rafal Zakrzewski, Partner, and Anna Hergottova, Counsel, from the eight-strong English law team at CMS Banking and Finance Warsaw. Romanian law advice was provided by Alina Tihan, Partner, and by Diana Dona, Associate, from CMS Banking and Finance Bucharest.
