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Residential Market News

Another 125 apartments completed in Estic Park, the ILDC group project in Pantelimon

Israel Land Development Company announces the completion of the second block of flats in the Estic Park residential project in Bucharest, in which the developer has invested approximately 30 million euros.

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Record transactions on the residential market: over 5000 properties sold in Bucharest in March 2021

This March was the best March of the last five years in the residential segment, with a record of transactions in each of the top five regional residential markets, according to SVN Romania, based on data from the National Agency for Cadastre and Real Estate Advertising (ANCPI ).

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Nusco Imobiliara starts the first phase of the Nusco City residential project

The Nusco family has started the construction of the first phase of the Nusco City project, located in the Pipera area, an investment of over 30 million euros.

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One United Properties, at Bucharest Stock Exchange

One United Properties, one of the leading green developers of residential, mixed-use and office real estate in Bucharest, announces its intention to become listed on the Main Market of the Bucharest Stock Exchange, approved in the Extraordinary General Meeting of Shareholders which took place on April 19th.

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The impact of the pandemic on the residential sector in Romania, in 2020

Between the last quarter of 2020 and the first quarter of the year, prices were marked by a 5% increase in the number of apartments for sale, while apartments offered for rent fell by 3%, a dynamic visible especially after the period state of emergency, according to a study conducted by OLX Group.

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Construction begins on UP-SITE, the first residential project of the Belgians from ATENOR

The Floreasca neighborhood in Bucharest will have a new luxury residential project, UP-site, whose construction was recently started, announces the project developer, the Belgian group Atenor.

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A new large residential project in eastern Bucharest

Ionuţ Negoiţă, known in the Romanian residential market for the two projects developed in Bucharest, Hils Pallady Apartments and Palladium Residence, recently signed a sale-purchase transaction through which he became the owner of a 10-hectare plot of land on the former Republica industrial platform.

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Nordis Group expands the mixed project in Mamaia by 23,000 sqm

Nordis Group, a real estate developer founded by Emanuel Poştoacă, announces the expansion of projects on the Romanian coast by acquiring land of over 23,000 square meters in Mamaia.

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