Royal Town kicks off new phase of resi project in Iași

09
Mar
2026
News - Royal Town kicks off new phase of resi project in Iași #Alina Istina #Apartments #Construction #Iași #Residential #Romania #Royal Town

by Property Forum | Residential

Royal Town, the residential project in Iași, has announced a new development phase, with construction of the 12th building set to begin in April 2026.


The building will include 107 one and two-bedroom apartments, delivered fully finished "turnkey" according to the project's established standard. Construction work for this block will take approximately 18 months.

Royal Town has delivered approximately 1,200 apartments to date, with another 230 residential units scheduled for handover in 2026, including from buildings currently being completed. "Royal Town started almost a decade ago with a strong conviction: to provide people not just with apartments, but with a place where they want to live long-term," said Alina Istina, Sales Manager at Royal Town.

The complex includes an 800 sqm supermarket and pharmacy, sports halls and courts, children's playgrounds and landscaped green areas, beauty salons and medical offices, and cafes.




Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • 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.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • 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.


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