Turkish real estate development company Caba Group has launched the 102 The Address project in Bucharest, Romania, a mixed real estate project that will require an investment of 50 million euros ($58.8 million).
The project will include 273 apartments, office space and 2,900 sqm of retail spaces. A parking lot with 503 places will also be included.
The purchase prices start at 105,834 and 94 units have already been contracted.
Caba Group has closed an exclusive representation deal with Romanian property developer Premier Estate Management for the residential component. The deal is financed by Garanti Bank.