Zinan invests over €30 million in Iași resi complex

27
Apr
2026
News - Zinan invests over €30 million in Iași resi complex #Development #Iași #Investment #Residential #Romania #Vlaicu 87 #Zinan

by Property Forum | Residential

Zinan company has launched the Vlaicu 87 residential project in Iași, part of regenerating the former Phoenix platform across approximately 56,000 sqm, requiring an investment of over €30 million in the first phase.


The project includes four 10-storey buildings with approximately 400 apartments and 460 parking spaces, organised so the complex interior remains completely pedestrian.

The development features nearly 15,000 sqm of green spaces, a private botanical garden, artesian fountain, relaxation areas and a completely car-free interior. Vehicle circulation is limited to the perimeter and underground parking. 

Vlaicu 87 has strategic positioning with access to recently modernised public transport infrastructure, strengthening the "rapid connection" concept even without personal cars, said Sebastian Săvescu, Vice-President of the Romanian Architects' Association - Iași Branch, who designed the architectural concept emphasising balance between built and green spaces. 

Residents will benefit from integrated facilities including kindergarten and after-school programmes, educational spaces, fitness centre, restaurants, co-working hub and smart home solutions. The project began with authorising a Lidl hypermarket, followed by the first residential phase, and included significant infrastructure improvements and dedicated public transport passenger platforms.




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  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.


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