Real estate developer STC Partners has finalised the acquisition of land on Ferdinand Boulevard in the Foișorul de Foc area of the capital and announced the launch of the Quartier Ferdinand residential compound, a project with an estimated investment of almost 35 million Euro.
The 4,400-square-meter plot of land is located on 72-78 Ferdinand Boulevard, and was recently purchased by developer STC Partners from the Olaru family for 7.2 million Euro. The project already has the building permit authorization.
“We are delighted to add another exceptional project to our portfolio, which you have become accustomed to – our development standards are aligned with a safe, comfortable, and high-quality lifestyle. As in Quartier Azuga, this new project is also being developed with a focus on sustainability, where energy will be provided entirely by heat pumps and photovoltaic panels. We aim to realize one of the first urban projects of this size with net zero carbon emissions in Romania”, stated Adi Steiner, Managing Partner at STC Partners.
