The project marks a milestone in Solida Capital's growth across the CEE. On this project, Solida Capital will act as both investor and development manager from concept through to delivery.

The development will focus on quality over scale, featuring a collection of apartments designed to meet demand for refined, well-located urban living in a green area of the city. "With the extensive experience of our partner, Radox, in sourcing quality construction solutions, we aim at delivering superior quality apartments in terms of technical solutions that will create a more comfortable and sustainable living environment," the company stated.

The project is set to launch before the end of this year. "Entering Romanian residential development is a natural next step for Solida Capital, and we are delighted to take it alongside our partners at Radox," the company said. 

Solida Capital was advised on this transaction by act legal Romania, and Radox was advised by Schoenherr Attorneys at Law. Fortim Trusted Advisors advised both parties in commercial terms of the joint venture.

The company entered the Romanian market in 2025 with the purchase of office project Victoria Center, based in central Bucharest.