Prima Development to scale Bucharest resi deliveries to 1,000 units per year

Business Forum
Romanian developer Prima Development Group surpassed 5,500 delivered homes at group level across Oradea and Bucharest, and currently has over 3,500 units under construction or in permitting phase.

In Bucharest, Prima has ongoing projects totalling 2,000 residential units, with plans to consolidate its local position.

"2025 was a year of maturation and consolidation for us. We successfully completed the sale of over 300 apartments in Bucharest, in the context of a dynamic and competitive residential market, which ensures a good start for 2026," says Adrian Stoichină, Co-CEO Prima Development Group. "We now have approximately 2,000 apartments under construction in Bucharest, and our future plans are to reach 1,000 apartment deliveries per year in the capital, in a solid market that offers space for differentiation for serious developers focused on quality."

Last year the company completed Prima Vista, a project located in northern Bucharest, with delivery of all apartments. The company also marked the transition from boutique developments to large-scale regeneration projects with the start of construction at Prima Solis in eastern Bucharest and Prima Astera in the west.

Prima Solis represents a turning point for the company in Bucharest, being developed on the former Antrefrig industrial platform. The development is large-scale, the first high-end project in eastern Bucharest, and will comprise approximately 1,600 apartments and integrated facilities, including commercial spaces and a kindergarten. At the beginning of 2026, the company launched sales for Prima Solis Phase I, with Phase II construction scheduled to begin in summer.

In 2025, the company also started phase two of the Prima Astera project in western Bucharest, continuing to bring high standards of quality and comfort to a market dominated by old or inadequate housing. Phase I delivery is estimated for the end of 2026.

RECOMMENDED
Cordia starts new resi investment in Bucharest
Real estate

Cordia starts new resi investment in Bucharest

Cordia Romania, a member of the Futureal Group, has acquired an 8,179 sqm land plot in Bucharest from Bog'Art Place and has begun construction on Centropolitan, a residential project featuring 274 apartments and 3,345 sqm of integrated retail space.

Cloud9 launches second phase of resi project in northern Bucharest
Real estate

Cloud9 launches second phase of resi project in northern Bucharest

Cloud9, part of Alfa Group's real estate division, has begun construction on the second phase of its Cloud9 Evolution residential project in northern Bucharest. The company is investing €80 million in this phase, part of a total €170 million budget for the entire development.

Prima Development starts phase two of resi project in Bucharest
Real estate

Prima Development starts phase two of resi project in Bucharest

Romanian developer Prima Development Group has started construction on phase two of the Prima Astera residential complex, the first high-end project in western Bucharest built to nZeb standards. The new phase includes a building with 197 apartments, 234 parking spaces and a kindergarten with over 600 sqm of usable space for future residents' children and neighbourhood families. The gross development value for phase two amounts to €30 million, with delivery estimated for November 2027.

Hils Development completes sale of resi complex in Bucharest
Real estate

Hils Development completes sale of resi complex in Bucharest

Romanian developer Hils Development has announced the complete sale of the Hils Brauner residential complex, located in eastern Bucharest in the Theodor Pallady - Victor Brauner area. The project comprises 1,336 apartments and over 2,500 residents.

Speedwell boosts financing for resi complex in Bucharest
Real estate

Speedwell boosts financing for resi complex in Bucharest

Speedwell is strengthening its collaboration with Garanti BBVA Romania through a new €8 million financing agreement. The facility will fund the development of Building C8, the fourth building within The Ivy, Speedwell's residential project near Băneasa Forest. With this deal, Garanti BBVA's total financing for The Ivy now reaches almost €40 million.

Prima Development acquires new land plot in Bucharest
Real estate

Prima Development acquires new land plot in Bucharest

Prima Development Group has acquired a two-hectare plot adjacent to its new residential project Prima Solis, launched this summer. The transaction worth nearly €4 million will allow the expansion of the complex with approximately 700 apartments.

RECOMMENDED FROM THE HOME PAGE
READ MORE
Business Forum  |  17 February, 2026 at 6:03 PM
Business Forum  |  17 February, 2026 at 1:30 PM