“We expect to have the final reception in 2Q/2024 and deliver the apartments in 3Q. Phase 2 will start on 1Q-2Q/2024 and is set to be finalized in 2025,” stated Adi Steiner, Managing Partner STC Partners.
The first phase of the project comprises two buildings with 93 apartments. Investments are covered via funding from Banca Transilvania, with the developer being in talks to expand collaboration for the second phase of the project as well.
STC Partners’ plans envisage identifying new opportunities for the future in parallel with the development of current projects, with a focus on selling, not renting the housing units.
(English version by Catalina Apostoiu)