Approximately 60% of housing units under construction are located in Bucharest’s Aviatiei – Pipera area, where the most office buildings in Bucharest are concentrated. Thus, approximately 2,400 housing units are scheduled to be delivered in this area, in 2019, while other approximately 1,500 units currently under construction are due for delivery in northern Bucharest in 2020.
A total 11,272 housing units were delivered in Bucharest – Ilfov area in 2018, 18% more than in 2017, according to data from Romania’s statistics board INS.
SVN Romania is the largest active player on the residential property segment, being the consultant and exclusive agent for over ten residential projects, among which Cosmopolis, Belvedere Residences, Aviatiei Park, Baba Novac Residence, Parcului20, Soho Unirii and Tomis Park.