Koramic Real Estate Romania launches two residential projects in the north of the Capital after a EUR 30 million investments. Koramic Real Estate Romania is the local division of the Belgian investor Koramic Investments, having over BIL 1 euros assets under management. The Belgian investor will begin the second phase of the Sunset Lake Homes project, on Lake Străulești, and Sunrise Homes in the Pipera area. Sunset Lake Homes will include 18 new villas while Sunrise Homes will include 82 premium homes, in the Pipera area. “The potential of the residential market in Bucharest remains high, as almost 20% of the country’s employees live here, while average incomes are 25% higher than the national average. Full access to the Schengen area, coupled with the progress of infrastructure works, enhances this potential, with numerous opportunities in both the medium and long term,” explains Alper Cetinoglu, CEO of Koramic Real Estate Romania. Koramic Romania is part of Koramic Investments, a Belgian-based “family office”, launched in 1883 and currently owned by Christian Dumolin. Koramic Investments focuses on office buildings, as well as industrial and residential real estate. In addition to Belgium, the investor is also present in Germany, Poland and Romania. In Romania, the investor completed the first phase of Sunset Lake Homes in 2023, a boutique residential condominium consisting of three low-rise buildings located on the shores of Lake Străulești.