The Israeli developer Tagor and the British investment fund Patron Capital are investing €34m in a residential project called Adora Urban Village in Bucharest.
Once completed, the project will offer 548 apartments in 12 housing blocks.
The first two housing blocks with a total of 75 apartments is set to be delivered in March. Adora Urban Village is going up along Alexandria Boulevard.
Tagor said it plans to invest €250m on the regional market, targeting cities like Timisoara, Oradea, Arad and Bucharest.
