Straulesti Lac Alfa is the third real estate project in which SIF Moldova gets involved, after Veranda Mall and Baba Novac Residence.

The new project is built in Bucharest’s district 1, in the area of Straulesti Lake, on a nine- hectare land. The first phase, which comprises 160 apartments (studio flats, two and three room-apartments), a private park and a swimming pool, is under construction and is due to be delivered in the third quarter of 2019. 

The residential compound will include playgrounds, a swimming pool, pedestrian passageways and a Community Manager tasked with planning events for residents, from parenting and educational programs to parties, ideas for spending free time, exhibitions and shows.

Cityring Property is held by businesspeople Liviu and Eugen Lepadatu, the founders of Tornado Sistems, one of the largest personal computer distribution companies.