In a landmark deal for green finance in Central and Eastern Europe, Dentons has successfully advised NEPI Rockcastle N.V. and its subsidiary NE Property B.V. on securing two significant sustainability-linked revolving credit facilities totaling €290 million. This financial maneuver underscores the growing emphasis on sustainability in the real estate sector, particularly within the region.

The first of these facilities, a €190 million syndicated loan, was orchestrated by BRD - Groupe Société Générale S.A., which acted as the mandated lead arranger and sustainability structuring bank. UniCredit Bank S.A. and Garanti Bank S.A. also joined the syndication, with BRD contributing €100 million, UniCredit €50 million, and Garanti €40 million. This makes the deal one of the most substantial sustainability-linked real estate financings in Romania for the year 2025.

Additionally, a €100 million standalone facility was provided by ING Bank N.V., facilitated through its Amsterdam - Bucharest branch. Both credit facilities are aligned meticulously with NEPI Rockcastle’s Sustainable Finance Framework and adhere to the rigorous Sustainability Linked Loan Principles issued by the Loan Market Association.

As the region's premier developer of shopping centers, NEPI Rockcastle is integrating Environmental, Social, and Governance (ESG) goals into its financial strategy, signaling a robust commitment to sustainable development. This approach not only enhances the company's operational sustainability but also positions it as a leader in ESG compliance in the real estate industry.

The legal expertise for these transactions was provided by a Dentons team led by Partner Simona Marin, Head of Banking and Finance in Bucharest, with notable support from Counsel Sandra Constantin. Marin expressed pride in supporting NEPI Rockcastle’s objectives, highlighting the transactions as reflective of both the strength of their ongoing relationship and Dentons' continued role in facilitating complex, sustainability-focused financial deals.

NEPI Rockcastle N.V., headquartered in Amsterdam and listed on both the Johannesburg and Euronext stock exchanges, is the largest listed owner, developer, and operator of shopping centers in Central and Eastern Europe. With a portfolio valued over €7.9 billion, the company operates more than 50 retail properties across nine countries, including Romania, Poland, Hungary, and Bulgaria. The company is well-known for its integrated approach to development, leasing, and asset management, and is committed to sustainable growth through ESG-aligned investments and financing strategies.

Dentons, the world's largest law firm founded in 2013, operates across over 80 countries. Known for its unique polycentric structure, the firm offers clients unparalleled legal talent and deep local insights in major global markets. Dentons is celebrated for its dedication to innovation, client service, and navigating complex legal and business landscapes, making it a crucial ally in a rapidly evolving global environment.