NEPI starts construction of its first residential project

NEPI Residential, the new residential division of the NEPI Rockcastle group, investor and developer of shopping centers in Central and Eastern Europe, announces the start of works at Vulcan Residence, the newest apartments complex in 13 Septembrie area, Bucharest.

Vulcan Residence will be built in a single phase, GF + 12 floors, with 12 floors withdrawn, and will have 256 apartments (single and double studios, apartments with 2, 3 and 4 rooms, as well as penthouse units on two levels), all benefiting from generous terraces and modern design. The architecture of the building, the construction to the latest standards of sustainability and energy efficiency (nZEB), as well as modern finishes, contribute to transforming the area into one adapted to the contemporary lifestyle.

The project will be finalized in the third quarter of 2023, and the investment amounts to approximately 22 million euros.

Positioned between Mihail Sebastian and Soseaua Progresului streets, the residential complex will provide owners with underground and above-ground parking spaces, as well as charging stations for cars, scooters, and electric scooters. The playground inside the residential complex, the green spaces, and the commercial service spaces on the ground floor of the building are some other benefits of the new project.