News Article STC Partners to develop new resi project in Bucharest
by Property Forum | Residential

STC Partners will invest more than €20 million in a new residential complex comprising over 200 apartments in Bucharest. The first development phase of Quartier Azuga will kick off in October 2022 and is slated for delivery in the first semester of 2024, while the entire project should be completed in early 2025. Crosspoint Real Estate has been appointed exclusive sales agent. 


"The area is an excellent one, because it offers essential things for a high-quality urban life, considering the positioning on the shore of the lake, easy access to key areas of interest such as Pipera, Aviației or Victoriei Square, multiple schools and high schools, shopping centres, and, of course, immediate proximity to Tei and Plumbuita parks,” said Adi Steiner, Managing Partner, STC Partners. 

The complex will be certified as green and will include photovoltaic panels and heat pumps in a bid to improve the energy efficiency of all homes.