Real estate investor Eden Capital Development is preparing the construction of a residential complex with 400 apartments on a plot of land in Pipera, bought from businessman Bogdan Savin.

Eden Capital Development has partnered for the realization of this project with Alpha Residence, of the real estate investor Simion Marcel Ștefan.

On the land in Pipera, the investors have started the process of authorizing a residential complex consisting of 3 buildings, with 4 floors each, which will include 400 apartments, shops, SPA, fitness room and treatment area. In addition, the complex will benefit from 921 underground parking spaces.

The value of the investment in this project is estimated at EUR 48.4 million.