ARTICLES LABELLED WITH TAG nzeb

InteRo Property Development, owned by the Canadian Topolinski Family, has planned investments in northern Bucharest that will exceed €170 million.

Romanian entrepreneurs Cristian and Teo Mercinoiu have bought a land plot near the Victoriei Square in central Bucharest, in a deal brokered by iO Partners.

Romanian developer Akcent Development has started the construction of the Akcent City project, consisting of 723 apartments, in northern Bucharest. The company is investing around €90 million in the project expected for delivery in H2 2025.

New technical regulations regarding the methodology for calculating the energy performance of buildings will be enforced in Romania starting February. The new rules will help the local construction market will take an important step forward by aligning with European standards and trends in terms of sustainability

Property developer Prime Kapital has received the building permit for Pleiades Residence in Ploiești and will start construction by the end of spring.  

Property developer Alesonor has signed a partnership with Holcim Romania Group for the supply of innovative construction materials that will be used in the Amber Forest suburb near Bucharest. 

Kid Group has kicked off the development of a new residential complex in northern Bucharest following an investment of €35 million. 

Real estate consultancy Crosspoint Real Estate estimates that all 256 apartments in Vulcan Residence based in Bucharest will be sold by the second half of 2023. The agency is the exclusive seller of the project, which is NEPI Rockcastle’s first residential investment in Romania. 

One of the most active residential developers of the Romanian market estimates at least a 20% increase in prices for new projects and 5-10% higher prices for the under-development units. Tinu Sebeșanu, CEO of IMPACT Developer & Contractor talked to Property Forum about financing conditions, market trends, ongoing projects and new developments on the horizon.

Romanian Impact Developer & Contractor says it purchased a new land plot of 25,930 sqm in Iași, in the location where it will kick off a massive residential project with more than 1,000 apartments.