Real estate developer RRG Real Estate Group has signed a €7.8 million financing agreement with tbi bank to complete the first stage of the Lakeside11 residential complex in northern Bucharest.
This tranche is part of a total estimated investment of €60 million for the entire project located on the banks of Străulești Lake.
The first phase of the project, currently under construction, involves a €20 million investment and comprises three buildings with a total of 105 apartments. Completion is scheduled for Q1 2027.
Units in blocks B2 and B3 are 83% and 57% sold, respectively. In December 2025, the developer expanded the offering by launching building B1, which adds 35 apartments to the portfolio.
In recent years, the Sisești and Străulești Lake area has developed at a rapid pace, with new residential projects being launched constantly, according to the developer.
