UNIVERSITATII This large centrally- located interwar house, across the street from Mesogios Restaurant on Str Dimitrie Gerota (former Jean Louis Calderon), is now for sale from real estate firm Stentor, for use as either a residence or for a company.
STRAULESTI With a reported 70 million Euro investment, leading oil and gas company Petrom announced plans to build one central office complex in Bucharest, dubbed Petrom City.
CHITILA United Kingdom-based Modus Properties, with local partner Nova Imobiliare, is planning a 408 million Euro retail and leisure destination in north-west Bucharest, with design aiming to be ready for the second half of 2006 and construction to start in Spring 2007.
SIBIU Construction has begun on a new 12-storey hotel in central Sibiu, a project undertaken by Atlantic Travels, part of the Atlassib Holding, and valued at 20 million Euro.
STEFANESTI Terra Vision is investing around 20 million Euro in a residential complex, situated in north Bucharest over 25,000 sqm. ‘Ansamblul Stefanesti’ will have four blocks of flats with five floors and a penthouse of 5,500 sqm in each, a nine-floor building with 50 apartments, a mini-mall and bank. The total number of apartments is 370, with surfaces between 45 and 220 sqm