Property of the month
AVIATORILOR This centrally located
patrimony building with original furnishings from the Interwar period is
now available for rent.
Boasting large reception rooms,
potential bedrooms or offices and a large
basement, 9 Blvd Aviatorilor overlooks
one of the grandest streets in Bucharest.
Industrial wasteland sees mammoth revamp plan
SEMANATOAREA Huge urban
redevelopment projects for the capital
seem to be proposed every month and
the latest is a 700 million Euro plan by
real estate developer River Invest.
Stretching over a brownfield site of 42
hectares, Sema Park - which is located
on the former industrial platform of
Semanatoarea in west Bucharest -
features a total built area of 659,000
sqm, comprising a complex of office
buildings, a mall and a hypermarket,
1,200 apartments and a four star hotel,
according to River Invest president Ion
Radulea.
Giant Lithuanian deal banks on south
BUCHAREST PARCUL CAROL
Lithuanian-based Europa Group Hanner
will start developing a 20 million
Euro residential com-plex in central
Bucharest this month, Regatta officials
announced.
Property in brief
CALEA VITAN
Plaza Romania and
Bucuresti Mall operators Anchor Group
will enter the residential segment. This
project, near Bucuresti Mall, will cost 35
million Euro and involve 500 flats, said
Ibrahim Paksoy, the general manager of
Anchor Group.