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Articles - residential market

SPDI buys 122 Bucharest apartments for EUR 3.3 million

Secure Property Development & Investment (SPDI), a property development and investment company incorporated in Cyprus, has paid EUR 3.3 million for 122 apartments in Bucharest, this being their third investment in Romania this year, inform Mediafax.

Tagor appoints new sales manager for Adora Urban Village

Anca Dumitrescu has been appointed sales manager by real estate developer Tagor. She will be responsible for the Adora Urban Village residential project in south-western Bucharest and for another project the developer plans to build in Pipera, in the northern part of the capital.

Spanish Gran Via invests EUR 8 million in two residential buildings with 170 apartments in Militari

Spanish group Gran Via, which has completed this spring an EUR 4.5 million investment in a residential building with 84 apartments situated on the plot of the former Fri­gocom factory in Militari district in Bucharest started a year ago the construction works for another two buildings within the same project after obtaining EUR 3.3 million loan from Garanti Bank.

Impact Developer to invest EUR 3 million in residential project in Northern Bucharest

Real estate developer Impact Developer & Contractor (IMP) has signed a contract for nearly EUR 3 million with the company Devbon SRL for the construction of nine residential buildings, which will be situated in the Northern Bucharest.

Maurer buys 3.4 ha in Brasov for Avantgarden3

Real-estate developer Maurer Imobiliare, founded by Simon Maurer, bought a 3.4 ha terrain in Brasov for the third phase of residential project Avantgarden3, where the company has already built 1,600 apartments.

The developer Tagor completed first phase of the residential project in Arad, EUR 5.5 million investment

The investment in the first residential building of the company in Arad is EUR 5.5 million and is financed by Volksbank. Upon the completion of the project with 12 buildings, the value of the investment will reach EUR 83 million.

Europa Capital sold 150 apartments in Bucharest

Europa Capital managed to sell all 150 apartments in the first phase of its Vitan Residence 2 residential project in south-central Bucharest in just 15 months since the launch of its sales programme.

One United Properties sells 4 Bucharest apartments for EUR 1.36 mln

Four Bucharest apartments located in the One Floreasca Lake residential compound developed by One United Properties have been bought by an investor for a combined EUR 1.36 million (VAT included), has announced Crosspoint Real Estate, the agency which brokered the transaction.

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