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Residential Market News

Central District Viitorului 134, a new mixed project in the center of Bucharest

The real estate developer Forty Management & Investments, led by the entrepreneur Lucian Azoiței, will build about 33 apartments and 1,000 sqm of offices, whose market value, at the end of the construction is estimated at about 9.5 million euros, on a land of 2,200 sqm bought at the beginning of the year one on 134-136 Viitorului Street, in a transaction valued at about 2.1 million euros.

Felinvest completes the Cluj Business Campus, EUR 27 million total investment

The final stage of the project represents a total investment of 14 million Euros in a mixed building that includes class A office spaces and 90 apartments and was completed in June 2020. Cluj Business Campus becomes a mature project by concretizing this last stage of development .

Three effects of the pandemic on the housing rental market in Bucharest

More than half (55%) of Bucharest residents currently living on rent do not plan to buy an apartment next year and want to continue renting, according to a recent study conducted by Unlock Research for Colliers International.

One United Properties announces the expansion of the Neo Mamaia residential complex

Located in the most sought after area of Mamaia resort, the Neo Mamaia residential complex developed on the seaside by One United Properties will benefit from an extension that will allow the construction of new boutique apartments. The real estate developer announces the acquisition of five plots of land in the immediate vicinity of the first Neo Mamaia complex, extending the frontal opening to the sea of the complex up to over 250 meters.

Over 4,500 apartments under construction in Mamaia

The residential market from Mamaia, Constanta, is registering a developing boom. Over 4,500 apartments are in construction in Mamaia, according to a report released by real estate consultant SVN Romania. Of these, more than 3,000 units are scheduled for delivery in 2021.

One Modrogan - a family heritage located at kilometre zero of Bucharest's residential developments

The most exclusive homes in Bucharest now have an address: One Modrogan. Developed by One United Properties near Kiseleff Park and Aviatorilor Boulevard, the project is shaping up as a unique boutique residential complex in Romania, an emblem of the modern Bucharest spirit, to be inherited from generation to generation.

Liziera de Lac, a large residential project, developed by Liebrecht & wooD in eastern Bucharest

Located in the southeast of Bucharest, on the shores of Lake Tataru and only 15 minutes from the Anghel Saligny metro station, Liziera de Lac will initially require an investment of 25 million euros.

Tiriac Imobiliare aims to obtain the WELL Health-Safety certification for a mixed portfolio of projects

Tiriac Imobiliare is the first developer to implement the WELL Health-Safety standard in Romania for its entire mixed building portfolio, consisting of the Stejarii Residential Club – 1, the Tiriac Center office building, but also the projects under construction – Tiriac Tower office building and the Stejarii Residential Club -2.

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