West Group finalizes iResidence takeover to advance project delivery

West Group announces the completion of the full acquisition of the iResidence residential project, located in the northern part of the Capital.

"We have completed the transfer of the project company and kept the construction site in normal operating mode. Through this acquisition, we bring clarity, financial discipline and additional resources to deliver iResidence at the quality level promised to our clients," said Dan Crăciunescu, founder of West Group.

iResidence is a residential project with 520 apartments, each unit benefiting from at least one parking space and a storage unit in the underground area. The underground space is designed on two levels, optimized both for parking and storage facilities, offering additional comfort and functionality to future residents.

The iResidence complex is conceived as a complete and sustainable community. The project includes a 15,000 sqm private park with playgrounds and bike paths, aims for BREEAM certification for energy efficiency and reduced environmental impact, and integrates a wellness center with swimming pool and gym, as well as a retail gallery.