Prime Kapital kicks off development of 600 apartments in Romania

Business Forum
Prime Kapital has started the development of close to 600 apartments in Bucharest and Iași following the completion of 700 residential units in both cities.

The new apartments are built in the Avalon Estate complex, near Bucharest, and in the Iași-based mixed-use project Silk District.

Over the past year, Prime Kapital has completed close to 1,000 apartments and 30,000 sqm of office and retail spaces. The developer has also delivered Argeș Mall in Pitești, while Mall Moldova is in an advanced development phase.

The developer said it aims to start the sales for the next phases of Avalon Estate and Silk District in the spring of 2025. Some 850 homes will be developed in this phase across the two projects.

RECOMMENDED
Prime Kapital gets construction permit for resi project in Iași
Real estate

Prime Kapital gets construction permit for resi project in Iași

Prime Kapital has obtained the construction permit for the first phase of its new residential project in Silk District: Loom. This represents the fourth stage of the urban regeneration project in Iași, developed on the site of a former silk factory.

RECOMMENDED FROM THE HOME PAGE
Energy

NextPower rolls out solar tech for European sites

NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.

Real estate

Holcim completes purchase of Xella walling business

Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.