Anchor Grup starts to deliver apartments in Bucharest project

21
Nov
2024
News - Anchor Grup starts to deliver apartments in Bucharest project #Affan Yildirim #Bucharest #residential #Romania #Select Residences

by Property Forum | Residential

Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase. 


The project was completed following an investment of €45 million and has reached a 75% sales rate. It covers an area of 8,500 sqm of land and has approximately 47,000 sqm of built space. The complex also offers green spaces, as well as an underground parking lot that connects all three buildings. 

“The fact that 75% of the units have been sold ahead of delivery is a statement to the strong demand for well-conceived residential projects in Bucharest. Select Residences' commitment to quality and detail has resonated with buyers, from young professionals to families and investors, who are eager to be part of this flourishing neighborhood," says Affan Yildirim, General Manager, member of the Board of Directors of Anchor Group and member of the Board of Directors of Shopping MallDova. 

The project is on track to fully complete the remaining units within the next months. 




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  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

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  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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