28 feb: Small projects with comprehensive targets

At the end of this year, Axa Group will deliver Saphire Residence project, a 7.8 million euro investment, located in northern Bucharest, near Herastrau park, that comprises 18 apartments.

The group’s plans include the residential compound Ambra Residence, near Baneasa forest and an office building in Obor area. “We have already received the construction permit and we will start the works in March, the investment amounting about 6.2 mln euros.

Still in spring, we plan on commencing an office building to deliver it by end-2010” Anca Otobicu (photo) told Wall-Street. For the office building, Jasp Business Center, the plan involves an 11.000-sqm gross area, on 11 stories, the investment hovering around16 million euros. The group has already received the construction permit.

Source: Wall-street.ro