The project is due for completion in 2024.
The new real estate developer focuses mainly on the retail and residential segments in Central and Eastern Europe. The company’s six partners are Martin Slabbert (co-founder of NEPI), Victor Semionov (co-founder of NEPI), Tiberiu Smaranda (former director within NEPI), Michael Beux (former director within NEPI), Dewald Joubert and Mihail Vasilescu (founders of Rampart).
The future complex made up of approximately 800 housing units, including villas, townhouses and apartments, will stretch onto eight hectares of land, of which two hectares will host green space.