Prime Kapital to build 600 new homes in the Silk District and Avalon projects

The residential division of Prime Kapital, a company founded by Martin Slabbert and Victor Semionov, wants to start the construction of 600 new homes in its two big projects Avalon Estate in Bucharest and Silk District in Iasi.

This step follows the delivery of approximately 700 apartments in Silk District and 352 apartments and villas in Avalon Estate, bringing the total number of apartments and complementary spaces developed by Prime Kapital in Romania to 2,500 in 2024.

Over the past year, Prime Kapital has delivered nearly 1,000 apartments, alongside innovative integrated parking structures, totaling 200,000 sqm of total built-up area, as well as 30,000 sqm of total leasable office and boutique commercial space. In addition, the developer opened Argeş Mall in Pitesti (April 2024), while Mall Moldova, the second regional super mall in Romania, is currently in an advanced stage of construction in Iasi.