Romanian Vox Property Group has secured a loan of €10.5 million from CEC Bank that will be used for the completion of Vox Vertical Village luxury residential project in Timișoara.
The complex with 120 apartments will be delivered this year and the developer claims that only 2% of the homes completed in the past two years could be considered premium and luxury units.
The homes will be located near Vox Technology Park, the office project delivered by the group following an €30 million investment.
Last year, the developer has leased 4,650 sqm in the office project to Tech Mahindra, Porr Construct, Vitesco Technologies and Vodafone.
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