log in | register
Robyg buys Warsaw land
5,500 sqm leased in B4B


EUR 900 mln plus project planned for Bucharest

Eurobuild CEE 14 March 2018
EUR 900 mln plus project planned for Bucharest
The 1 mln sqm mixed-use project is expected to be built in sever stages

ROMANIA Private investor GG Sky Imobiliare Invest is looking for partners for the development of Green Satellite, a mixed-use project of over EUR 900 mln to be developed in Voluntari in the northern suburbs of Bucharest.

The company owns a site close to the American School of Bucharest and on the Bucharest ring road which is to be developed with 200,000 sqm of retail space including shopping centres, cinemas, cafés and restaurants, 100,000 sqm of offices and 600,000 sqm of apartments. It will also comprise 40,000 sqm of community buildings including medical services, spa, health and fitness facilities, an indoor swimming pool, kindergartens, public services, as well as 20,000 sqm of green areas, 40,000 sqm dedicated to leisure, entertainment and arts. The 21,000 sqm pedestrian boulevard represents the green spine of the entire complex.

Although it is a private investment it is strongly supported by the local authorities. Tiberiu Florascu, the head of Romania’s Bucharest master-planning committee is currently attending MIPIM 2018 in Cannes as a delegate to meet potential development partners for the project. “The Green Satellite is the main engine for urban development in this important area of the city. It is well connected with the centre of Bucharest by the ring road, public transport lines and a possible extension of the metro line north from Pipera Station,” says Tiberiu Florascu.

Want to know more? Sign up for the Newsletter



The 10th Hotel Investment Conference
Suits on bikes. The 3rd bike ride with city planning specialists.
The 10th Office Market Conference for Poland - Trends & Outlooks
The 15th CEE Warehouse & Logistics Conference
The 18th Annual Eurobuild CEE Golf Tournament
The 14th Annual Eurobuild CEE Tennis Tournament
The 5th Invested Interest - Investment Market Conference
Eurobuild Awards 2019

About Us Contact Privacy Rules Archive Newsletter
Copyright 2017 EuroCEE. All rights reserved.