Dentons Advises NEPI Rockcastle on €290M Sustainability Loans.
Dentons has advised NEPI Rockcastle N.V. and its subsidiary NE Property B.V. on two major sustainability-linked revolving credit facilities totaling €290 million, marking a significant milestone for green finance in Central and Eastern Europe.
The first, a €190 million syndicated facility, was led by BRD - Groupe Société Générale S.A. as mandated lead arranger and sustainability structuring bank, joined by UniCredit Bank S.A. and Garanti Bank S.A.
BRD committed €100 million, UniCredit €50 million, and Garanti €40 million, making this one of Romania’s largest sustainability-linked real estate financings in 2025.
The second deal, a €100 million standalone facility, was provided by ING Bank N.V. through its Amsterdam - Bucharest branch.
Both transactions are fully aligned with NEPI Rockcastle’s Sustainable Finance Framework and comply with the Sustainability Linked Loan Principles issued by the Loan Market Association.
As the region’s largest shopping center developer, NEPI Rockcastle continues to weave ESG goals into its long-term financial strategy.
The Dentons team was led by Partner Simona Marin, head of Banking and Finance in Bucharest, supported by Counsel Sandra Constantin.
“We are proud to have supported NEPI Rockcastle once again in securing two major financings aligned with sustainability objectives. These transactions not only reflect the strength of our long-standing relationship with NEPI Rockcastle, but also reinforce our ongoing role in advising the client on complex sustainability-linked financing deals.
"It is a testament to our commitment to delivering innovative, high-impact legal solutions that support our clients’ strategic and ESG-driven goals.” said Partner Simona Marin, Head of the Banking and Finance practice in Bucharest.
NEPI Rockcastle N.V. is the largest listed owner, developer, and operator of shopping centers in Central and Eastern Europe, with a portfolio valued at over €7.9 billion. Headquartered in Amsterdam and listed on the Johannesburg and Euronext stock exchanges, the company operates more than 50 retail properties across nine countries, including Romania, Poland, Hungary, and Bulgaria. NEPI Rockcastle integrates development, leasing, and asset management under one platform and is committed to sustainable growth through ESG-aligned investments and financing strategies.
Dentons, founded in 2013, is the world’s largest law firm, operating in over 80 countries. With its unique polycentric structure, Dentons offers clients access to top-tier legal talent and deep local insight across key global markets. The firm is recognized for its commitment to innovation, client service, and helping organizations navigate complex legal and business challenges in a rapidly evolving world.
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