ARTICLES LABELLED WITH TAG nzeb

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.

Local property developer Sema Real Estate has launched pre-sales for the first phase of its Sema Home residential project in central-western Bucharest.

Prima Development Group has acquired a two-hectare plot adjacent to its new residential project Prima Solis, launched this summer. The transaction worth nearly €4 million will allow the expansion of the complex with approximately 700 apartments.

NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.

PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million. 

Romanian developer Scala Development, part of Ax Perpetuum group, has secured  RON 119 million (€24 million) from Libra Internet Bank for the development of the Scala Sopor residential complex in Cluj-Napoca.

Prima Development Group has started the construction on Prima Solis, a premium residential project in eastern Bucharest, following an investment of €140 million.

Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities. 

Alesonor has started the construction of the Verita International School & Kindergarten campus within the Amber Forest complete suburb. 

Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.