Built-to-Rent specialised investor We Rent Communities has completed a new residential building with 81 apartments for rent in Bucharest. The development has a gross value of more than €15 million.
The company backed by US-based capital is the largest developer of apartments dedicated exclusively to residential rentals in Romania. We Rent Communities has previously completed three projects with a combined gross value of over €50 million.
“We have always believed in the power of the community concept and we are committed to investing in future growth of We Rent Communities in Romania as we anticipate a favorable economic environment and a growth demand for flexibility of lifestyle, while enjoying quality housing,” says Kim Vrânceanu, President of We Rent Communities.
We Rent Communities is planning to expand its rental business with another 500 apartments in the next years.
