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.




Latest news


New leases

  • Speedwell has secured four new medical tenants for its Paltim mixed-use urban project in Timișoara. Colegiul Medicilor Stomatologi - Filiala Timiș has leased approximately 105 sqm, with an opening scheduled for November 2026. Concurrently, Paul Bold Dental Solutions will open a 143 sqm dental clinic in November 2026. Ophthalmology clinic ArtVision Med & Sofilens Lux has occupied 172 sqm since January 2026. Lastly, Ziva, a dermatology, aesthetics, and gynaecology clinic, has taken 92 sqm and will officially open in July 2026.
  • Equans has leased 1,600 sqm for a new IT hub in Bucharest-based One Cotroceni Park, in a deal brokered by Cushman & Wakefield Echinox.
  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


Latest news

News - Demand for energy-efficient homes is real and growing
09
Jun
2026

Demand for energy-efficient homes is real and growing

by Ovidiu Nicolae
Daniel Tudor, Founding Partner and CEO The Concept Group, spoke to Property Forum about the maturing residential market and the firm's strategic goal to exceed the threshold of €500 million in portfolio under management. He also mentioned the expansion plans for the company and role of energy efficiency in making residential projects competitive.
Read more >
News - Prague office market faces standstill over few relocations, low pipeline
08
Jun
2026

Prague office market faces standstill over few relocations, low pipeline

by Property Forum
The prime office market in Prague is freezing due to low levels of new development and a shortage of high-quality office space, finds a new Savills analysis.
Read more >
News - Gridarch nears completion of BMW Group distribution centre in Ostrava
08
Jun
2026

Gridarch nears completion of BMW Group distribution centre in Ostrava

by Property Forum
Gridarch has granted early access to tenants of Phase III halls at Ostrava Airport Multimodal Park, allowing entry before building permit approval. DP World, the logistics operator for BMW Group, has begun installing technologies and preparing operations for the distribution centre.
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