According to market sources, Liviu Tudor intends to develop a residential project on the land in the Preciziei area, located in the vicinity of office parks with thousands of employees.

The transaction is estimated at almost EUR 3 million. The Romanian investor owns two office projects in Bucharest: West Gate in the western part of Bucharest and Novo Park in Pipera. Inscut is Liviu Tudor's first significant acquisition in recent years and the first step towards a new major investment. (source: zf.ro)