The new project will be developed in partnership with Repaco, a Romanian property developer that holds a 15% stake in the new complex.
The two companies have already completed a retail park near Bucharest as part of their collaboration.
"We're thrilled to announce this new investment in a key area of Bucharest, while also strengthening our partnership with Repaco," says Loredana Apreutese, Co-Owner of Ansi.
Ansi is currently developing another premium residential project in northern Bucharest.
Real estate developer Park Properties has purchased a 15,000 sqm land plot on the shores of Lake Snagov, near Bucharest, for a luxury villa residential development.
Speedwell has started the construction of the last building of its Triama Residence project in Bucharest.
Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.
Romania's residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data.
Relative to incomes, buyers are experiencing one of the most favorable periods in history to buy a home in Romania.
Homing Properties will invest €35 million in the construction of 140 villas in Pipera, near Bucharest.
Food Angels Hub, Romania's first investment community dedicated to the food sector, has launched with a mission to develop and scale companies operating in food production, hospitality, and food-related technology.
Vastint Romania has announced the opening of Saint Roastery Botanica urban café in Business Garden Bucharest. The 165 sqm café opened on 2nd December, marking the third Saint Roastery location in Bucharest following last month's launch at Băneasa Shopping City.
Beyond Space has released a study on the state of flex offices in Romania, introducing a classification system for coworking and flexible spaces.
Despite 68% of Romanians claiming familiarity with sustainability, only a quarter consistently use it in daily decisions.
Athens-based architecture firm Bobotis+Bobotis Architects has officially entered the Romanian market, marking a step in its international growth strategy.
