“The land plot near Romexpo is envisaged for a housing project. We started smaller housing projects elsewhere in Romania as well. In 2010, the group decided to focus on mixed-use development. The housing category was not included in our projects, but we are not ruling out integrating this category as well in the future,” stated Marius Persenea, COO of Iulius.
The land plot is located behind Crowne Plaza hotel and near the future project of Tiriac Group. It was bought from Globe Trade Centre in 2017.
Marius Persenea underscored the group is further betting on nationwide expansion, inclusively by building new office projects.
“We are continuously looking at new projects. There are a lot of cities in Romania where there’s demand for offices,” said Marius Persenea.
(English version by Catalina Apostoiu)