Prime Kapital delivers first residential project in Romania

Property developer Prime Kapital has delivered four out of five apartment buildings in its first residential project in Bucharest. The company has invested €47.8 million in the project that will feature 458 apartments.

The last apartment building in Marmura Residence will be completed in the third quarter of this year and will mark the completion of Prime Kapital’s first residential investment in the country. Meanwhile, the developer and its joint-venture partner MAS plan to start 10 new residential projects with over 14,000 homes that will have an investment budget of around €1.1 billion.

Maggie Kitshoff, Partner Office and Residential at Prime Kapital, pointed out that the residential complex was completed despite the challenges posed by the pandemic and the war in Ukraine.