:quality(80)/business-review.eu/wp-content/themes/business-review/assets/images/no-picture.jpg)
German firm Baumeister is the constructor for the project, with Arhimar Cluj as architect, while the project management of Central Apartments will be provided by PCMG Northbridge.
Central Apartments will comprise 89 apartments to deliver built areas ranging from 50 to 123 sqm and sale prices starting at EUR 60,000 not including VAT.
In March, the company announced that it had started construction at its first residential development in Constanta, Oasis Residence, which covers 27,100 sqm in the northern part of the city. The complex consists of ten buildings of 409 apartments and 415 parking spaces, with sale prices ranging from EUR 97,300 to 276,000 excluding VAT.
Last year, the Norwegian-British company Westhouse Group announced investment plans of EUR 1.5 billion for developing 20 residential projects in Constanta, Bucharest and Brasov by 2014.
Magda Purice