Israeli Group Plans over EUR 10 Million Residential Projects in Bucharest
The company Meric Capital, an investment vehicle of Plotkin Projects from Israel, launched a residential project with green façade in Piata Romana area rom Bucharest, EUR 2.5 million investment and is planning to develop next year another two residential projects in Obor and Piata Muncii zoneso, also being the owner of an additional plot of land in Alba Iulia Square area.
The first project of the company will include 16 apartments, with prices starting from EUR 80,000.
The company plans to start next year another two bigger projects, of approx. 100 residential units, in the areas Obor and Piata Muncii in Bucharest, with investments planned of approx. EUR 4.7 million each.
There is no plan yet on short term for starting the construction of the project in Alba Iulia Sq. area. (source: wall-street.ro)