100% share deal of a Romanian SPC. Cash flow from day one.

A fully permitted light-industrial park in central Romania, on 6.8 hectares of freehold land in a designated industrial zone with property-tax exemption. Two newly built industrial buildings, 5,502 m² combined, commissioned August 2026. Anchor tenant operational from September 2026 on a five-year auto-renewal lease. An integrated 3.7 MWp solar park with battery storage supplies tenants at 15% below grid tariff, generating energy revenue independent of building occupancy. Whole transaction is a 100% share deal of the Romanian SPC at €12.5M, with confirmed gross revenue of €1,136,000 and net operating income of €856,000.
| Total land | 68,100 m² (6.8 ha) freehold |
| Industrial parcel | 41,000 m² |
| Solar park parcel | 27,100 m² |
| Building C4 | 3,390 m² |
| Building C5 | 2,112 m² |
| Total built area | 5,502 m² |
| Commissioned | August 2026 |
| Zoning | Designated industrial zone, property-tax exempt |
| Utilities | All engineering networks installed, EV charging infrastructure |
| VAT | €500K recoverable on the SPC balance sheet |
| Type | European clean energy technology company |
| Footprint | ~5,000 m² across both buildings |
| Lease term | 5 years, auto-renewal |
| Rent | €6/sqm/month + €1/sqm service charge |
| Indexation | Romanian real-estate inflation index |
| Operational from | September 2026 |
| Revenue stream | Annual | Notes |
|---|---|---|
| Industrial rent | €402,000 | 5,000 m² at €6.70/sqm/month avg (rent + service) |
| Service and facility charges | €62,000 | Standard pass-through |
| Power sales | €672,000 | 3.7 MWp solar to tenants + grid |
| Total confirmed revenue | €1,136,000 | Gross, year one |
| Item | Annual (€) |
|---|---|
| Gross revenue | €1,136,000 |
| Operating expenses (insurance, maintenance) | (€150,000) |
| Asset management fee | (€130,000) |
| Net operating income | €856,000 |
| Corporate tax (16%) | (€137,000) |
| Net profit after tax | €719,000 |
| Dividend withholding tax (8% to EU) | (€57,500) |
| Net to investor | €661,500 |
| Asking price | €12,500,000 · 100% shares in the Romanian SPC |
| Gross yield | 9.1% |
| Net yield (after OPEX) | 6.8% |
| Net yield to EU investor (after tax) | 5.3% (€661.5K) |
The integrated 3.7 MWp solar park generates approximately 4,255 MWh per year. Energy is sold directly to park tenants at 15% below grid tariff under Romania's direct-sales legislation (effective June 2026). Surplus is fed into the grid via the prosumator program at a fixed rate. The behind-the-meter model keeps demand stable regardless of wholesale price volatility. Zero-carbon power also helps tenants on their own bank financing covenants.
The SPC holds building permits and completed foundations for three additional halls (~10,800 m² of further capacity). Permits are valid through 2027 and renewable. Estimated CAPEX to build out is ~€4 million. At current market rents, full occupancy of all five buildings would approximately double rental income to ~€800,000 per year, taking total gross revenue toward ~€1.5M+ and gross yield above 11%. Expansion is the buyer's call to make later.
Vehicle: 100% shares in the existing Romanian Special Purpose Company. Share-deal transfer, not asset-deal, so the operating contracts, tenant lease, and energy permits travel with the company unchanged.
Tax: Romanian corporate tax at 16% on operating profit. Dividend withholding at 8% to EU jurisdictions, reducible via double-tax agreements. Buildings and land within the designated industrial park are exempt from local property tax. 30-year building depreciation and 10-year equipment depreciation provide a meaningful tax shield in early years.
Central Romania. Schaeffler, Miele, and Airbus all run sites within twenty minutes. Twenty minutes to the international airport that opened in 2023 (500,000+ passengers in its first year). Adjacent to the planned EU-funded motorway from Brașov to Bacău and onward to the Ukrainian border. Qualified, English-speaking workforce at competitive cost; average gross salary in the region is approximately €1,000 per month.
Single anchor tenant in Year 1. One tenant takes ~5,000 m² of 5,502 m². Mitigated by a 5-year auto-renewal lease and by the regional demand fundamentals (Schaeffler, Miele, Airbus nearby). Re-let risk is the primary tenant risk through the first lease cycle.
Energy revenue depends on solar park commissioning timeline. Power sales of €672K per year assume the 3.7 MWp solar park is finished and exporting on schedule. Any delay shifts the revenue ramp.
Additional buildings require buyer investment decision. The €4M CAPEX for the three permitted halls is the buyer's call. Returns shown above are pre-expansion. Expansion economics depend on tenant demand at the time of build.
Romanian regulatory and fiscal environment may evolve. Corporate tax, dividend WHT, and the prosumator program can change at the policy level. The €500K recoverable VAT is collected through ongoing operations.
Qualified investors sign an NDA to receive the full Investment Memorandum, financial model, and data room access. Site visits can be arranged. Asset listed and brokered by ImmoLöwin GmbH; Daniil Kozin structures the investor entry.
Next step: 30-minute introduction call to walk through revenue model, tenant credit, and the share-deal mechanics. Book the call →