Metav SA, a company owned by Meandus Limited, an offshore from Cyprus controlled by businessman Gabriel Popoviciu, just received the building permit for the 18-story towers residential project Above in the north of Bucharest.
The investment announced in 2021 for the project to be built on the Glucose Factory Road was EUR 120 million. The complex would have mixed, retail and residential functions. In addition to the two 18-story towers, another 9 and 10-story buildings will also be built.
Metav also announced last year an investment of EUR 40 million in a new residential project. Bellemonde will be built on a 41,000 sqm plot owned by Metav next to the American School and will have 93 villas and 17 apartments.
Source: Economica.net
