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IFC lends 72 mln euro to Romanian real estate developer Iulius for technology complex in Iasi Apr 20, 2021 17:30 EEST Iulius Group s 60,000 sq m information technology complex in Iasi - graphic render Source: Iulius Group BUCHAREST (Romania), April 20 (SeeNews) - The International Finance Corporation (IFC) said on Tuesday that it is providing a 72 million euro ($86.8 million) loan to Palas Campus, a wholly-owned subsidiary of Romanian real estate developer Iulius Holding, to build a green technology complex in the northeastern city of Iasi. The new 60,000 sq m complex will help Romania attract and retain foreign investors and businesses by providing them with modern green office space, the IFC, a member of World Bank Group, said in a press release.

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