STC Partners to start new resi project in Bucharest

Business Forum
STC Partners will start a new residential project in Bucharest after completing the acquisition of a land plot for €7.2 million.

The developer has already secured the building permit for the new residential complex that will feature 170 apartments, retail spaces and additional facilities for residents. The estimated investment in the complex will reach close to €35 million.

“Construction will start in the fall of this year, and the sales are expected to start in the coming weeks, as many of our clients, partners, and collaborators have already requested offers", says Andrei Ștefan, Partner STC Partners. 

At present, STC Partners is developing the second phase of a separate residential project in Bucharest.

RECOMMENDED
Northern Bucharest to continue to drive resi demand
Real estate

Northern Bucharest to continue to drive resi demand

Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the status of its €40 million residential investment in northern Bucharest and the growing demand for homes in this area in the long term.

Residential developers need to be flexible
Real estate

Residential developers need to be flexible

The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.

RECOMMENDED FROM THE HOME PAGE
Economy

VTEX achieves AWS Consumer Goods Competency

VTEX has achieved the AWS Consumer Goods Competency, distinguishing itself as a provider that has demonstrated technical proficiency and proven customer success.

READ MORE
Business Forum  |  20 December, 2024 at 9:28 AM
Business Forum  |  20 December, 2024 at 9:19 AM