Prima Development starts phase two of resi project in Bucharest

27
Oct
2025
News - Prima Development starts phase two of resi project in Bucharest #Adrian Stoichină #Bucharest #Nzeb #Prima Astera #Prima Development Group #Residential #Romania #Smart Home

by Property Forum | Residential

Romanian developer Prima Development Group has started construction on phase two of the Prima Astera residential complex, the first high-end project in western Bucharest built to nZeb standards. The new phase includes a building with 197 apartments, 234 parking spaces and a kindergarten with over 600 sqm of usable space for future residents' children and neighbourhood families. The gross development value for phase two amounts to €30 million, with delivery estimated for November 2027.


"Phase two of Prima Astera continues our vision for developing this area of the capital. We're talking about high-end, energy-efficient homes adapted to urban lifestyle and connected to people's real needs. The private kindergarten we will integrate into the complex is an important facility for families with children, but also support for work-life balance," says Adrian Stoichină, co-CEO Prima Development Group.

Located on Bulevardul Ghencea 79D, the Prima Astera residential complex brings quality standards, architecture and comfort to the western part of the city. The area was strategically chosen for accessibility and quality of life, with a metro station, Drumul Taberei park, shopping centres and expanding urban infrastructure nearby. These advantages have been reflected in record apartment sales from phase one, with 75% already sold.

Prima Astera integrates sustainable solutions and smart technologies including 15cm superior thermal insulation for enhanced energy efficiency, centralised heating system, smart home technology in each apartment allowing remote heating control and personalised climate in each room. The complex features fast-charge stations for electric cars (22 kW), with 33 installed in phase one and infrastructure prepared for expansion to 60 units.

Phase two adds another benefit: a kindergarten with approximately 600 sqm of usable space for families choosing to live in the Prima community and neighbourhood residents. The space for a private operator reflects Prima's vision of creating modern communities where housing comfort naturally extends through quick access to essential services and facilities.




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  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


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