Prima Development Group to build new residential project in Bucharest

Prima Development Group, a real estate developer from Oradea, has obtained building permit for a residential project in Bucharest, PRIMA Astera, with a total investment estimated at EUR 65 million.

“After the center and north of Bucharest, where we have already built new communities, we have chosen to turn our attention to the western area of the city, which presents advantages for future tenants due to its proximity to shopping centers, Drumul Taberei Park and the metro. At the same time, this area has had a spectacular evolution in the last four years and offers an excellent perspective in terms of increasing the quality of living,” says Adrian Stoichină, co-CEO of PRIMA Development Group.

PRIMA Astera will total 491 apartments developed in two phases, with 294 units completed in the first phase of construction.
PRIMA Development has also developed two other projects in Bucharest, Boemia Apartments and Core Timpuri Noi, and another, PRIMA Vista, will be completed the following year.