One United Properties takes over EUR 100 million project in Iași

One United Properties has signed a memorandum for the acquisition of the land of the former IAȘITEX factory in Iași. This is the third city in which the developer is expanding regionally, after Sibiu and Constanța.

“Evergent Investments participates with the land having an approved Zonal Urbanistic Plan (PUZ), while One United Properties will ensure the development and marketing of the real estate project,” the Evergent announcement states.

The land has an area of ​​25,000 square meters and is located on Bulevardul Primăverii no. 2. On this land, Evergent planned to build a mixed real estate project, with 850 apartments, an investment of EUR 100 million. In 2024, the project was postponed.

Source: economica.net