The project is located in downtown Bucharest and consists of 75 apartments. The developer said the project is sold out and delivered to owners.

The company is one of the most active local developers by number of residential units delivered each year and currently has ten projects under way.

“We are looking for large plots of land in good areas of the city and at the end of this year we will start three new major projects in Bucharest, that will total over 2,500 apartments,” company CEO Andrei Moanta said recently.

After 15 years of development experience in Oradea, where it delivered over 3,000 apartments totaling over EUR180 million so far, the developer entered the residential market in Bucharest in 2017, investing EUR8.5 million in Boemia Apartments.

Its second project in Bucharest, Core Timpuri Noi, consists of 240 apartments to be delivered this year, following an investment of EUR20 million.