Property company Zacaria has kicked off the development of Valletta Park, a new residential project with 121 apartments in Sibiu.
This will be Zacaria’s third residential compound in Sibiu. The project’s facilities will include a playground, gardens and commercial spaces.
The representatives of the developer pointed out that the new project is located in an emerging area of Sibiu, which has the potential to grow exponentially in the next years.
In mid-September, Zacaria said it would focus on residential investments after partially selling its industrial portfolio to CTP. Aside from Sibiu, the company will develop residential units in Craiova and Bucharest. The developer is also working on a retail scheme in Cisnădie, near Sibiu.
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