Prime Kapital to start new resi phase in Iași mixed-use project

Business Forum
Prime Kapital will start in Q4 2025 the construction of a new multi-phased residential project as part of the Silk District mixed-use complex in Iași.

The new project will be developed in four phases, featuring in total 1,250 apartments. It will complement existing residential units delivered in the Silk District.

A key highlight of the complex is its innovative construction technology, with 99% of facades precisely modeled from concrete and cast directly on-site. This method significantly reduces settling effects, enhances durability, simplifies maintenance, and creates lighter, more ecological structures. Coupled with high-performance mineral wool insulation, this ensures year-round energy efficiency.

The complex will also include six interior gardens, with a total planned surface of around 1.2 ha.

Aside from Iași, the company has developed residential projects in Bucharest and Ploiești.

RECOMMENDED
Zinan invests over €30 million in Iași resi complex
Real estate

Zinan invests over €30 million in Iași resi complex

Zinan company has launched the Vlaicu 87 residential project in Iași, part of regenerating the former Phoenix platform across approximately 56,000 sqm, requiring an investment of over €30 million in the first phase.

Bucharests unoccupied homes stock more than doubles in decade
Real estate

Bucharest's unoccupied homes stock more than doubles in decade

The number of unoccupied homes in Bucharest has grown 2.4 times over 10 years to over 218,000 units, according to a Storia analysis of Romania's 2011 and 2021 census data. Nationwide, over 2.5 million homes remain unoccupied, representing a quarter of Romania's total housing stock.

Romanias retail market hits 5 million sqm milestone
Real estate

Romania's retail market hits 5 million sqm milestone

Romania's modern retail market exceeded 5 million sqm in 2025, following deliveries of approximately 190,000 sqm of new retail space, around 20% above the five-year average, according to Colliers' annual report.

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.

What the surge in technical services demand means for property investments in 2026
Real estate

What the surge in technical services demand means for property investments in 2026

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.

RECOMMENDED FROM THE HOME PAGE
Romanias deficit drops by more than half in first four months
Finance

Romania's deficit drops by more than half in first four months

Romania's consolidated general budget execution for the first four months of 2026 ended with a significantly reduced deficit of RON 23.95 billion (€4.79 billion), representing 1.17% of GDP, compared to a deficit of 2.92% of GDP recorded in the same period of 2025.

Economy

McDonald's plans to create over 500 new jobs in Romania this year

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, has launched a national recruitment campaign as part of its expansion plans. The company aims to create over 500 new jobs in 2026, with more than 1,400 positions planned over the next three years.

READ MORE