The move is aligned with The Trump Organization's global expansion strategy for its luxury residential, hospitality, and golf projects.
Trump Tower Bucharest aims to bring premium residences under the Trump brand to the region.
Eric Trump, Executive Vice President of The Trump Organization, said: "Trump Tower Bucharest fully reflects our unwavering commitment to excellence, luxury, and innovation.”
The development of landmark projects will raise the bar in the luxury residential sector, added Ștefan Berciu, CEO of SDC Imobiliare.
The developers did not mention any timeline for the development or additional information on the number of residential units and amenities.