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    Impact Completes Luxuria Residence in Bucharest

    Impact Completes Luxuria Residence in Bucharest

    Penta Real Estate and PSN Announce Project to Replace Former Transgas Building in Prague

    Penta Real Estate and PSN Announce Project to Replace Former Transgas Building in Prague

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    Accolade Announces New Project in Sulechow

    One United Properties Announces the Handover of One Cotroceni Park Phase I

    One United Properties Announces the Handover of One Cotroceni Park Phase I

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    Skanska’s Office Building in Poznan is WELL Health-Safety Rating Certified

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Home Countries Romania

Crosspoint Real Estate to Be the Sales Partner for Bucharest’s Novum 56

Irina Negoita by Irina Negoita
October 11, 2021
Reading Time:1 min read
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Crosspoint Real Estate to Be the Sales Partner for Bucharest’s Novum 56
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On October 6, 2021, Crosspoint Real Estate announced that it would be the sales partner on Novum Business Invest’s Novum 56 residential compound in Western Bucharest.

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According to the company, the estimated investment value of over EUR 90 million. Novum 56 will be built in two main phases, and the first phase has a deadline for completion Q4 of 2022 and a project completion for sales in Q4 of 2023. The first phase will include a total of 704 apartments, of which 165 are studios, 396 are two-room apartments and 143 are three-room apartments, and a number of 867 parking spaces. The prices in Novum 56 start at EUR 53,900 for studios, EUR 76,900 for two-room apartments and EUR 102,900 for three-room apartments, plus VAT.

“We really appreciate our partnership with Novum Business Invest,” commented Crosspoint Real Estate Associate Director for Residential Capital Markets Oana Popescu. “I am sure that we will create here one of the most beautiful communities in the area, because we address both young people and families who want either a new quality home or a complete housing upgrade.”

 

Tags: Crosspoint Real EstateNovum Business Invest
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Irina Negoita

Irina Negoita

Irina is an international business journalist with ten years of experience across several geographies, and writing for renowned publications including IHS, UBM, or S&P Platts, among others. She holds a BA in International Affairs and Communications from Vesalius College in Brussels, and an MSc in Crime Science from UCL in London.

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CEE Real Estate Matters

CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.


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