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Articles - new residential projects

2021 was a record year for the Romanian residential market

The local residential market registered in 2021 its best results in the last decades, with new records in terms of residential units sold and home deliveries at a national level, according to official statistics and calculations by real estate consultant SVN Romania.

Novum Business Invest buys land for new residential development

Novum Business Invest will develop a new residential project in Bucharest with over 500 units, near Carol Park. The total area of the land is 15.100 sqm and the transaction was closed with Crosspoint Real Estate as sole advisor.

NEPI Rockcastle Starts The Construction Of Vulcan Residence

NEPI Residential, the new residential division of the NEPI Rockcastle group, the main investor and developer of shopping centers in Central and Eastern Europe, announces receiving the construction permit and the start of works at Vulcan Residence, the newest apartments complex in 13 Septembrie area, Bucharest.

Sales started for units from phase 3 of Tomis Park Constanta

Tomis Park, one of the main residential projects under development in Constanta, started the sales for apartments included in the third phase of the project, which will reunite 252 units following an investment of EUR 21 million.

One United Properties acquires a 25,350 sq. m land in Bucharest 2nd District for a new residential development

One United Properties, one of the most important developers in the real estate market in Romania, has signed the pre-purchase agreement for the acquisition of a plot of land with an area of 25,350 sq. m located on Șoseaua Fabrica de Glucoză in Bucharest, as well as for the acquisition of a quota of ½ of a plot of land with an area of 3,651 sq. m, representing the access road.

One United Properties acquires a 2 hectares land on Lake Tei shore from Țiriac Group for a new residential project

One United Properties, one of the most important developers in the real estate market in Romania, has acquired a 21,165 sqm land on the shores of Lake Tei in Bucharest, from a company within Țiriac Group. The value of the transaction amounts to EUR 15 million. A town planning certificate has already been issued for that land for construction.

The construction sector in Romania will reach a record level in 2021

The turnover of the construction sector (building construction, civil engineering and special construction works) increased by almost 30% compared to 2018 and exceeded by 40% the level of 2015, reaching over 108.7 billion lei in 2019 , according to the latest KeysFin analysis.

Geometrik Build to invest €20 million in residential project in Constanța

Real estate developer Geometrik Build will invest €20 million in its first large-scale residential project located in southern Constanța.
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