Andrei Ceaușescu buys a 64-hectare plot of land from NCH for extensive development

Businessman Andrei Ceaușescu, the developer of about 2,000 apartments under the Sun Park brand in Sectors 3 and 4 of the capital, bought a 64-hectare plot of land in the Giulești Sârbi area of Bucharest from the American-Israeli investor group NCH, in order to create a mixed-use green urban development instead. This is the largest area of land transacted this year and one of the largest signed in recent years.

The buyer’s plan aims to create a green urban development with a mix of recreation area, park, university campus, medical rehabilitation clinics and sports facility.
In the past, one of the Chiajna Agricultural Production Cooperatives operated on this land.

Source: Profit.ro