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Articles - residential developments

The Level Apartments: 50% of Phase II sold one year before completion

The Level Apartments, a premium residential projects located in the northern part of Bucharest, in Straulesti – Petrom City Area, already sold 50% of second phase, one year before completion.

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.

425 homes sold in Cosmopolis in the first 9 months of 2021

425 homes were sold (new contracts) in the first nine months of 2021 in Cosmopolis, the biggest residential project in northern Bucharest. Other several hundred final contracts were signed for the units delivered this year. Sales in Cosmopolis reached 488 transactions in 2020.

Over 3,000 new homes completed in Bucharest for rent

Over 3,000 new homes delivered in Bucharest and its surroundings in the last three and a half year have been purchased for investment purposes to be offered for rent, according to an analysis by real estate consultant SVN Romania.

Libra Internet Bank to offer a product dedicated to real estate developers who build Green Homes certified buildings

The Romanian Council for Green Buildings (ROGBC) and Libra Internet Bank have concluded a strategic partnership, following which the bank will launch for the first time for the Romanian market a product dedicated to real estate developers who will build Green Buildings.

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 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.

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