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Romanian real estate developer Nusco takes EUR 31 mln loan from OTP Bank

April 25, 2024

Nusco Imobiliara, part of the Nusco group controlled by Italian family Nusco in Romania, contracted a EUR 31.4 million loan from OTP Bank Romania to develop the second stage of Nusco City, the bank announced. The funds will finance the development of three of the seven buildings included in the second development stage.

The second phase of the Nusco City project will include 828 apartments (ranging from studios to duplexes), will cover an area of ​​approximately 10,000 sqm of land,...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/nusco-loan-otp-bank-romania-2024
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