They intend to launch mixed real estate projects there – hotels, apartments, restaurants and other tourist facilities – in the coming years, shows an analysis by the consultancy firm Frames.
“Significant real estate development, evidenced by more than 100 projects and investment plans worth almost EUR250 million over the next few years, positions this area as one of the most dynamic business platforms in Romania,” says Adrian Negrescu, Frames manager.
(English version by Loredana Fratila-Cristescu)