Akcent Development invests €75 million in Bucharest apartments

14
Dec
2021
News - Akcent Development invests €75 million in Bucharest apartments #Akcent City #Akcent Development #Bucharest #investment #residential #Romania

by Property Forum | Residential

Romanian Akcent Development will invest around €75 million in Akcent City, a new residential project with 810 apartments located in the Bucureștii Noi area of northern Bucharest. 


The complex will have a built area of 104,000 sqm and green spaces covering 6,200 sqm. The construction phase will start in January. 

„We believe in the Bucureștii Noi area, where a new pole of mixed-use real estate development is foreshadowed: residential, offices, retail,” said Laurenţiu Afrasine, CEO of Akcent Development. The company added the area’s connection with the other parts of Bucharest and with the city center through the future Metro line number 6 has increased its overall attractiveness. 

The company has a portfolio of around 7,500 apartments and four office buildings in Bucharest.




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  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

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  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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