Romanian property developer Comnord Development will start in September the construction of a new luxury residential project in northern Bucharest, with a projected investment of €30 million.
The project Quartier du Nord will be based in the Pipera-Floreasca business district and will include 129 residential units as well as green spaces and a playground for children.
The residential buildings will have low energy consumption and reduced carbon emissions due to the usage of air-water heat pumps and photovoltaic panels.
Deliveries for Quartier du Nord are planned for Q4 2025, and Crosspoint Real Estate has been appointed as exclusive sales agent. Around 40% of the project has already been sold in the two months since its launch, according to the agent’s representatives.
Founded in 1991, Comnord has delivered several premium residential and office projects in Bucharest to date.
