Real estate | 5 August, 2024 at 8:52 AM
STC Partners to start new resi project in Bucharest
STC Partners will start a new residential project in Bucharest after completing the acquisition of a land plot for €7.2 million.
STC Partners will start a new residential project in Bucharest after completing the acquisition of a land plot for €7.2 million.
Quartier Azuga is renowned for its commitment to sustainability, featuring Green Homes pre-certification and compliance with the nZEB standard.
Developer STC Partners starts phase II of the residential compound Quartier Azuga, located near the Tei area in Bucharest, an investment of €15 million.
Despite initial challenges, Romania's residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024.
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
The company currently has a market share of between 7% and 15% in certain product segments, with a target of 3% growth over the next two years.
Romania, the main strategic partner of the Republic of Moldova – Reconfirmation by the visit of Prime Minister Dorin Recean to Terra Impex in the Vulcănești Free Economic Zone.
The transaction is financed through the NextGenerationEU program, with the financial support of the Government of Romania and the Government of Bulgaria, through the PNRR.