Akcent Development thus continues its investment strategy on the Romanian real estate market.
The project will be built in Bucurestii Noi district in Bucharest’s sector 1, close to the Constanta bridge, where Akcent Development has a 20,000-square meter plot of land.
“The EUR75 million investment is just a part of our plans in the near future. We believe in the Bucurestii Noi area which is envisaged as a new real estate development hub, with mixed functionalities, respectively residential, offices and retail”, said Laurentiu Afrasine, CEO of Akcent Development.
The new residential complex will have five blocks of flats covering 104,000 built sqm and two underground levels.
Akcent Development is one of the most dynamic residential developers in capital Bucharest, with a 20-year presence on the Bucharest real estate market and a portfolio of almost 7,500 apartments finalized, of which over 3,000 apartments in projects such as Cloud 9, 21 Residence and 20 Residence.