Mulberry Development, the company led by Ovidiu Sandor, has closed a partnership with Premier Estate Management to sell apartments in the project developed near Timisoara. The project will have a surface of 5.3 hectars and has 1,200 planned apartments and 50,000 square meters of offices.
The investment in the Timisoara-based project will exceed EUR 130 million and will be developed in stages.
After getting all the approvals and building authorizations, the works will start and will advance as the delivery of the first apartments is a priority. The first stage includes 300 apartments.