Prima Development Group delivers resi complex in Bucharest

15
May
2025
News - Prima Development Group delivers resi complex in Bucharest #Adrian Stoichină #Bucharest #Prima Development Group #residential #Romania

by Property Forum | Residential

Prima Development Group has announced the completion of a residential complex in northern Bucharest totaling 482 units.


The project features a mix of two, three, and four-room apartments, studios, and penthouses. The developer said that over 90% of the residential units in phase one were sold as well as 80% of the second phase.

"This early delivery is the result of efficient organisation, but especially of the integrated model we employ," said Adrian Stoichină, Co-CEO of PRIMA Development Group.

The project features 80 parking spaces equipped with fast-charge stations for electric vehicles as well as two private gardens.

The group has several ongoing developments in Bucharest, with investments totaling over €200 million.




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New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

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  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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