DeSilva will invest EUR 7.5 million in the Lakeside Residences project, developed in Bucharest on the Baneasa lakeside, as well as EUR 10 million in a residential holiday complex in Black Sea resort of Mamaia. The company also plans to develop a holiday apartment project in the mountain resort Predeal. The investment budget for the project hasn’t been announced yet.


DeSilva has developed so far the Ramada North hotel in Bucharest as well as the Park Residence complexes in the north of Bucharest and in Predeal.  (source: