Romanian investment company Meta Estate Trust has entered into a partnership for the development of a premium boutique residential project in Bucharest. The company will invest €1.4 million in the project comprising 21 apartments that will be completed within the next 12 months.
The project which is in an advanced construction stage is developed by APX Immo Property.
Alexandru Bonea, General Manager Meta Estate Trust, said the decision to invest in projects in advanced stages of completion has proven to be effective even in periods of stagnation.
“With a short maturity and minimal associated risks, the investment made confirms our focus on creating strong partnerships with reliable developers and our commitment to delivering sustainable returns for investors and quality real estate solutions,” said Bonea.
Meta Estate Trust focuses on six business lines, with co-development being one of the highest return lines and for which we have assumed a share of more than 30% of the total portfolio.
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