Hercesa Romania sold 30% of the first building in Stellaris Residencias Phase 1

24 October 2023

Hercesa Romania, part of Hercesa Internacional, announces that the company sold over 30 percent of the 129 apartments in the first building in Phase 1 of Stellaris Residencias, the project that the company is developing in Sector 6 of Bucharest, near Steaua Stadium.

„We are progressing according to schedule with the construction works that we started in June this year and we have reached 25 percent with the execution of the structural frame of the project’s first building”, said Romeo Ghica, Operations Manager at Hercesa Romania.

Stellaris Residencias, the second large-scale residential project developed by Hercesa Romania in Bucharest, after Vivenda Residencias, is aimed at the middle segment of the residential market and will comprise a total of 4,500 apartments. The first phase of Stellaris Residencias involves an investment of EUR 59 million, will be built in four phases, will comprise 482 apartments and is scheduled for completion by the end of 2024.

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