Bellemonde secures funding for resi project near Bucharest

Green Forum
Romanian developer Bellemonde Developement has obtained €21 million in funding from Libra Internet Bank for a residential project in Pipera, near Bucharest.

The Bellemonde development will include 93 villas and 71 apartments that will be completed in two years following an investment of more than €40 million.

Bellemonde Developement has received the construction permit in early June and plans to kick off the development in the next months.

The complex will include several facilities for residents such as coworking spaces and commercial areas with terraces and shops.

The developer has completed to date several residential projects in northern Bucharest and plans another residential investment on a land plot close to Bellemonde.

RECOMMENDED
Market beat: How large office tenants gain leverage in Bucharest
Real estate

Market beat: How large office tenants gain leverage in Bucharest

Lavinia Ioniță Rasmussen, Real Estate Partner at Nestor Nestor Diculescu Kingston Petersen (NNDKP), talked to Property Forum about the firm's growing portfolio in industrial and renewable energy, but also about the new EU rules that will boost investments in green buildings.

Romania ranks among cheapest resi markets in Europe
Real estate

Romania ranks among cheapest resi markets in Europe

The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report. 

One United Properties posts slight growth of resi sales in H1 2024
Real estate

One United Properties posts slight growth of resi sales in H1 2024

Romanian developer One United Properties says its volume of sold and pre-sold residential units, parking spaces and commercial spaces amounted to around €123.8 million during H1 2024. This result is up by 2.5% compared to the same period of last year. 

RECOMMENDED FROM THE HOME PAGE
Microsoft hits 100% renewable energy target five years early
Energy

Microsoft hits 100% renewable energy target five years early

Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.

Real estate

How is EU real estate navigating the CSRD changes? Take our survey

The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.

Energy

Waldevar Energy builds utility-scale PV parks in Romania

Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.

Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

READ MORE
Green Forum  |  19 February, 2026 at 10:24 AM
Green Forum  |  5 February, 2026 at 11:47 PM