A group of Romanian investors is preparing a residential project near the former IMGB

A group of Romanian investors, coordinated by the Chitafes family, is preparing the demolition of buildings built 25 years ago near the former IMGB industrial platform, in southern Bucharest. The land with an area of 15,569 square meters borders the former IMGB industrial platform. The lot was purchased in 2022 from the company Sacin, in a transaction brokered by the real estate consulting company Crosspoint Real Estate.

A residential complex that could have around 500 apartments can be built on the cleared land.

The acquisition of the 54 hectares of land of the former IMGB industrial platform by Lion Capital, formerly SIF Banat-Crișana, has increased the potential of the area. Lion Capital demolished the buildings on the former IMGB platform, purchased for 40 million euros in 2020, after which it sold the land to Prime Kapital, which will build a major residential district here, with over 3,100 apartments and a retail park with an area of about 60,000 square meters, and to retailers Dedeman, Kaufland, Lidl and Altex.

Source: Profit.ro