Prime Kapital will invest EUR 330 million in an industrial platform in Cluj
Prime Kapital announces a new massive investment in Romania, in a large-scale urban regeneration project located in Cluj-Napoca, a project that aims to transform a 17.1-hectare industrial platform into a multifunctional development that includes several types of construction. The project consists of the development of a commercial center of approximately 75,000 leasable sqm, a residential complex with approximately 1,400 high-quality apartments and an office component of over 49,000 leasable sqm, with a total development cost of over EUR 330 million.
The entire project will be served by extensive green areas, spaces and public squares, which will connect the office and retail area with the residential district.
"Our aim is to develop an outstanding project that will benefit the wider community and have a major economic impact through the creation of new job opportunities in line with the sustainable redevelopment plans for the area," said Maggie Kitshoff, Office & Residential Partner within Prime Kapital.