Italian company to build €80 million resi project in Timișoara

18
Jun
2020
News - Italian company to build €80 million resi project in Timișoara #development #residential #Romania #Timisoara

by Property Forum | Residential

Italian group FRI-EL Green Power, a renewable energy producer, plans to invest over €80 million in developing the Ateneo residential project in the Romanian city of Timișoara.

FRI-EL Buildings, a local investment vehicle of the Italian group, will develop the complex which will comprise 1,300 apartments.

“We found here a residential market in full development and a real demand for smart partitioned apartments at competitive prices but, more importantly, for apartments part of integrated projects, with multiple facilities specific to a new lifestyle,” said Luca Cainelli, CEO of FRI-EL Buildings Romania.


development residential Romania Timisoara


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