Alesonor secured funding from Banca Transilvania for the first 294 green houses – The Diplomat Bucharest
Alesonor, the promoter of the first complete suburb, Amber Forest, announces funding for Transilvania Bank worth 21 million euros to finance the development of 294 green houses in the first phase of the Amber Forest project, which have a construction cost of approx. 57.5 million euros.
Obtaining development capital is a reconfirmation of the value and confidence that financial institutions have in the Amber Forest project, the first and only complete suburb in Romania. Amber Forest includes approx. 500 green villas and 200 green apartments, developed on 31 hectares, with only 15% of the built-up area, with the lowest land occupation coefficient.
The suburb will have complete and high quality infrastructure, school, kindergarten, after school, sports halls and fields, running and cycling tracks, spa and gym, more than 5.3 hectares of parks and green spaces, supermarket, market, bakery, restaurant and café, polyclinic, pharmacy, coworking space with conference rooms, as well as direct access to the Baneasa forest, the largest forest around Bucharest.
“The Amber Forest houses are the first houses in Romania to meet the NZEB energy standard, established by the European Union since 2021. Being energy efficient buildings, and at the same time quality sustainable constructions that integrate state-of-the-art technologies, Amber Forest houses are a safe investment, confirmed by Banca Transilvania obtaining capital for the development of the first ecological and energy-efficient villas and apartments.said Alex Skouras, Managing Partner of Alesonor.
“We are happy to be part of this project, designed to develop energy-efficient homes according to the latest European standards. Financing this type of project is part of Banca Transilvania’s sustainable development strategy, and each client, by virtue of its specificity, helps us to strengthen step by step the specific ESG skills that derive from the rigors of the NZEB energy standard. We want to see as many such projects in Romania because at BT we are strongly committed to supporting the community and the environment.said Cosmin Calin, Executive Director of Large Corporate Clients, Banca Transilvania.
The whole process of obtaining financing was complex, assessed by Banca Transilvania and managed with a team of consultants: Filip & Company for legal services and Redevo Solutions for financial advisory services.
“We are pleased to once again support the Alesonor team in the development of a reference project, a modern community trainer with a positive impact on the environment. Amber Forest gives us hope for a modern future for Romania based on respect for the environment, sustainable development and care for what we pass on to future generations. We thank our client for the opportunity to contribute to its implementation and in general for the trust granted.
We also thank Banca Transilvania, in whom we have found, as always, a constructive partner with a particular interest in the same sustainable values.said Alina Stancu Birsan, partner at Filip & Company.
“We are happy to have been selected by the Alesonor team for a unique project in which we firmly believe and that through the services and expertise of Redevo Solutions we have contributed to obtaining this financing which will ensure the construction of the first phase of this reference project in the Romanian real estate market.said Stefan Oana, Managing Director at Redevo Solutions.
The suburb of Amber Forest offers more than 20 types of villas starting from 2 bedrooms and also 14 types of apartments starting from 2 bedrooms, in low rise buildings catering to multiple needs and preferences.
Over 350 Amber Forest Green Houses have already been sold and construction work began early this year.
About Alesonorthe developer of the project Amber Gardens and Amber Forest suburb
For more than 19 years, Alesonor has been investing in successful real estate projects, including commercial and industrial projects, but with the main objective of developing luxury residential projects and, at the same time, respectful of the environment, combining passion for design, quality and nature.
Alesonor has successfully developed and sold the following residential projects in Bucharest: Clover Residence, Magnolia Residence, Ivy Office Residence, Almond Tree Residence, Amber Gardens.
Amber Gardens is the first residential complex in Romania with luxury green villas, based on the principles of bioclimatic design and applying the best energy standards in the world. The Amber Gardens complex has established the Alesonor company as the most important developer of residential villas in Romania and, at the same time, as a developer of ecological and energy-efficient buildings. Alesonor is made up of a team of architects, engineers, builders, project managers, financial experts, market analysts, sales, marketing and public relations specialists, involved for more than three years in the design of the first green suburb in Romania.