Aviatorilor Square, four new real estate projects

15 June 2012

Ziarul Financiar reports that development is taking off in Bucharest’s Aviatorilor Square, with four projects underway in what is one of the city’s high-end districts. Radu Dimofte, the partner of Gabriel Popoviciu in the Baneasa project and other businesses, is behind one of them – an office building on Aviatorilor Boulevard, located near Bank Leumi.

The paper reports that a legal firm is behind the construction of another four-floor building on the same street, while Dragos Dobrescu (who controls the Monolit group) is building near Marfin Bank. Finally an Israeli group has re-started work on an office building in the Dorobanti area.

The paper writes that along with the Floreasca – Barbu Cavarescu area, the Aviatorilor and Herastrau districts are also attracting significant investment now.

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