Tenant: Penny (part of the German REWE group) | Contract: 15 years + extension options
Location: DN26, near Galați, in a high-visibility area
Estimated value upon completion: over EUR 2.3 million
Estimated annual gross rental income: ~EUR 220,000, plus additional revenues from the operation of green energy
Delivery to tenant: Q4 2026 | Estimated annual return: 18%
Bucharest, April 8, 2026: Meta Estate Trust (stock symbol MET), a holding company active in the real estate sector and the capital market, announces the development of a new commercial asset in Vânători commune (Galați County), under a lease agreement signed with Penny, part of the German REWE group. The contract has an initial term of 15 years, with extension options, providing visibility and predictability over long-term revenues.
The project is located on DN26, near Galați, in a high-visibility area with good accessibility. The asset is designed as a space dedicated to food retail and additionally includes infrastructure for the production and operation of green energy, an element that contributes to energy efficiency and opens additional revenue potential.
The market value upon completion is estimated at over EUR 2.3 million. Delivery to Penny is planned for Q4 2026. Upon completion, the asset will generate an estimated annual gross rental income of approximately EUR 220,000, in addition to revenues from the operation of green energy. Based on the available data, the investment indicates an estimated annual return of 18%.
“Through this project, Meta Estate Trust continues to execute its strategy of increasing the share of recurring income-generating assets in the portfolio, through investments supported by long-term contracts with international partners with a proven track record. The lease to Penny, part of the REWE group, brings visibility and stability to future revenues, while the green energy component complements the asset’s economic profile. In this way, we are strengthening a stable and predictable portfolio, aligned with our objective of investing long-term capital” stated Dan Petrișor, CEO of Meta Estate Trust.
The investment strengthens Meta Estate Trust’s Recurring Income business line, focused on commercial assets leased on a long-term basis, with predictable cash flow.
Note: the indicators regarding revenues and return represent estimates based on the data available at this time.
About Meta Estate Trust
Meta Estate Trust is a holding company active in the real estate sector, founded in March 2021 by Romanian entrepreneurs with experience in real estate and the capital market. Since August 29, 2022, the company has been listed on the AeRO market of the Bucharest Stock Exchange under the stock symbol MET. Starting with March 20, 2023, the MET share has been included in the BETAeRO index. The company’s investment strategy is based on a mix of investment typologies with different risk and return profiles, with a diversified and flexible portfolio, adaptable to market cycles.
