Prima Development acquires new land plot in Bucharest

17
Sep
2025
News - Prima Development acquires new land plot in Bucharest #Apartments #Bucharest #Development #Nzeb #Prima Development Group #Real Estate #Residential #Romania #Sustainability #Urban Regeneration

by Property Forum | Residential

Prima Development Group has acquired a two-hectare plot adjacent to its new residential project Prima Solis, launched this summer. The transaction worth nearly €4 million will allow the expansion of the complex with approximately 700 apartments.


Located near Mega Mall – Delfinului, with access to Doamna Ghica Street, Prima Solis is an urban regeneration project built on the former Antrefrig industrial platform, where a furniture factory previously operated. The complex has easy connections to the city center and is close to major shopping centers and recreation areas including Sfântul Pantelimon, IOR – Alexandru Ioan Cuza, Morarilor and Florilor parks.

The 700 additional apartments will maintain the same quality, sustainability and comfort standards, featuring efficient layouts, natural light, smart home solutions and nZEB (nearly Zero Energy Building) construction. The apartment mix offers studios and two, three or four-room apartments, as well as two-level penthouses, all with generous terraces.

"This expansion consolidates Prima Solis' position as the largest residential project in the area and an urban landmark for eastern Bucharest. We want to create not just modern homes, but also a space where people can live balanced lives, connected to both the city's infrastructure and nature," says Adrian Stoichină, co-CEO Prima Development Group.

Work on Prima Solis began in July, initially developed on 37,000 sqm, and following the new acquisition will reach 57,000 sqm, accommodating nearly 1,700 apartments. The first phase will be completed in summer 2027, according to the developer's estimates. The project includes over 1,000 parking spaces, 60 electric vehicle charging stations, two playgrounds, more than 500 storage units, and approximately 2,500 sqm of commercial and service spaces.




Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


Latest news

News - Croatia's hospitality construction faces slowdown risk this summer
07
May
2026

Croatia's hospitality construction faces slowdown risk this summer

by Property Forum
Croatia's construction sector is threatened with damage this summer due to the ongoing US-Israeli-Iran conflict. While the pain has not been intense so far, the situation could worsen significantly by mid-June or even late May, according to an analysis by the Eastern European Construction Forecasting Association (EECFA).
Read more >
News - Romania's industrial stock tops 8 million sqm in Q1 2026
07
May
2026

Romania's industrial stock tops 8 million sqm in Q1 2026

by Property Forum
Romania's industrial and logistics market reached over 8 million sqm in Q1 2026, with approximately 115,000 sqm of new space delivered. At the same time, around 500,000 sqm are currently under construction, according to Cushman & Wakefield Echinox's report.
Read more >
News - CEE real estate investment posts strong recovery in 2025
07
May
2026

CEE real estate investment posts strong recovery in 2025

by Property Forum
CEE real estate investment rebounded strongly in 2025, with volumes reaching €11.6 billion across six core markets, representing a 31% year-on-year increase according to Colliers. 
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy