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Articles - residential market

Tagor plans Bucharest estate

Tagor is planning to build 12 apartment blocks near Şoseaua Alexandriei in the southwest of Bucharest.

Vista Development Enters Luxury Segment with Residential Complex in Voluntari

Following the launching of the complex Vista Rezidential Concept in Bucharest’s district Berceni, Vista Development enters the luxury segment with an exclusive project developed in Voluntari, involving an investment of EUR 2.5 million.

Diaconu, Delta ACM 93: We’ve started giving ourselves Work

Businessman Florea Diaconu, who controls the Bucharest based construction company Delta ACM 93, with EUR 113 million turnovers last year, said he decided to involve in a residential project of EUR 40 million in southern Bucharest, on the background of construction works diminish on local market.

Tagor Develops another 200 Residential Units, although only 12 Units Sold in its First Project

Israeli developer Tagor, present on the Romanian market and supported by the British investment fund Patron Capital, will start in two weeks the construction works for two new residential projects.

Mrad Family to Invest EUR 20-25 Million in Residential Project near Orhideea Commercial Centre in Bucharest

Morad Group, controlled by the Mrad family, started this year the construction of a residential project including 456 apartments in the proximity of Orhideea Commercial Centre, a total investment of EUR 20-25 million, have declared Wall-Street.ro the company’s officials.

Israeli Group Plans over EUR 10 Million Residential Projects in Bucharest

The company Meric Capital, an investment vehicle of Plotkin Projects from Israel, launched a residential project with green façade in Piata Romana area rom Bucharest, EUR 2.5 million investment and is planning to develop next year another two residential projects in Obor and Piata Muncii zoneso, also being the owner of an additional plot of land in Alba Iulia Square area.

EUR 17.5 Million Residential Project in Parcul Circului Zone

Several Belgian and Greek investors started this year the construction of a building with 100 residential units near Parcul Circului in Bucharest, the project’s value at its completion being estimated to EUR 17.5 million.

Businessman Ioannis Papalekas acquires new properties for 5 million euros

Businessman Ioannis Papalekas, the buyer of City Mall and Tower Center International , properties in severe financial difficulties, has finalized another similar transaction from the insolvent company Lufin Construct.

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