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Tag Archives: residential complex

BOR Patriarchate requests approval to build residential complex with 8-storey blocks, city hall counsellor says

The Patriarchate of the Romanian Orthodox Church (BOR) wants to build a residential complex on a 5,000-square-meter plot of land on Pajurei Street, with eight-storey apartment buildings, above the area’s height, Roxana Wring, USR Councillor in the Bucharest City Council ...

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Aversa centrifugal pumps manufacturer is shutting down. Canadian investor claims AAAS’ corrupt actions

With a rich history of over 130 years, Romania’s Aversa, one of Central and Eastern Europe’s leading manufacturers of pumps, is closed, Canadian businessman Michael Topolinski, factory owner, announced, according to a press release. “As a result of the corrupt ...

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Garanti Bank finances One Herastrau Park, the first green home certificated residential project of Bucharest

Garanti Bank, the local subsidiary of Turkish Garanti Group, prolongs its partnership with One United Properties, important real estate developer in Bucharest, as a press release informs. One Herastrau Park is the first residential complex in Bucharest with “Green Homes” ...

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Simona Halep buys EUR 2m hotel in Poiana Brasov

Romanian tennis player Simona Halep, 2nd WTA, has decided to invests EUR 2 million to buy a four star hotel in Poiana Brasov mountain resort (central Romania). Romania TV has announced that Simona Halep has paid no less than EUR ...

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SIF Moldova to invest EUR 34 M in building Baba Novac Residence Bucharest

Baba Novac Residence will be the new real estate project developed in Bucharest by SIF  Moldova (SIF 2) in the place of the ‘Tesatoriile Reunite’ factory, an annoucement sent to Bucharest Stock Exchange (BVB) informs. The project value is around ...

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EUR 25m real estate luxury complex in Cluj-Napoca operational this spring

A new real estate project is to take shape in Cluj-Napoca this spring. The Platinia project by real estate developers Drusal and Florisal combines the commercial and residential function with the aparthotel one. The investment mounts to over EUR 25 ...

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Opus Land Development sold homes of EUR 30 M in 2016. Over 500 new units, the target for this year

Opus Land Development, the developer of Cosmopolis, the biggest residential complex located in the north area of Bucharest, aims to sell this year 540 new homes and to continue the infrastructure’s development within the complex. “Our goal for 2017 is ...

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Cosmopolis residential complex to host the first strip mall in Romania

By end-November, Opus Land Development will open for Cosmopolis residents, but not only for them, a commercial center for shopping and leisure. According to a press release, Cosmopolis Plaza, the first strip mall in Romania, will extend over a 10,000 ...

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British Romanian Investment Partnership builds New Residence Bucharest, investing EUR 10 M

British Romanian Investment Partnership, part of the British investment fund ARDC (UK) Ltd, develops its second residential project in Romania – New Residence Bucharest complex, comprising 24,000 sqm build on a plot of 10,000 sqm, a press release informs. Following ...

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