{"id":124998,"date":"2015-01-19T00:00:00","date_gmt":"2015-01-18T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/basarab-overpass-area-attracts-e400-million-in-investments\/"},"modified":"2026-03-28T23:27:08","modified_gmt":"2026-03-28T21:27:08","slug":"basarab-overpass-area-attracts-e400-million-in-investments","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/basarab-overpass-area-attracts-e400-million-in-investments\/","title":{"rendered":"Basarab Overpass Area Attracts \u20ac400 Million in Investments"},"content":{"rendered":"<div>Real estate developers are turning their attention to the Basarab Overpass area to build new real estate projects, following the model of those in the north of the capital, built around the Pipera Overpass. Unlike the investments in northern Bucharest, secured by foreign investors, the western area is more attractive to Romanian businesspeople.<\/div>\n<div><\/div>\n<div>Among the most important projects to be developed in the new real estate hub are: the last two buildings of the AFI Park project; the continuation of the Sema Parc project (owned by businessman Ion Radulea); the construction of two office towers on a plot of approximately 7,000 sqm by the Austrians from CA Immo; the construction of office buildings and retail spaces on a 12,700 sqm lot by the Tanasescu family; the development of a 15-story office building and a leisure area by entrepreneur Ionut Dumitrescu; the construction of an office complex including 3 towers of 36, 30, and 14 floors, housing, a hotel, and a private hospital, a project by businessman Ioan Niculae; the construction of an office building by Vastint, IKEA&#8217;s real estate development company in Romania;<\/div>\n<div><\/div>\n<div>The projects expected to be developed in the coming years in the Basarab Overpass area are anticipated to bring total annual revenues of over 40 million euros, relying on attracting clients through rent levels ranging between 10-16 euro\/sqm\/month, lower than in the overpopulated Pipera Overpass area.<\/div>\n<div><\/div>\n<p>Source: <a href=\"http:\/\/www.imobiliare.net\" data-wplink-url-error=\"true\">Imobiliare.Net<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the total investment value in the Basarab Overpass area?<\/strong><\/p>\n<p>The area is attracting investments estimated at approximately 400 million euros for various real estate developments.<\/p>\n<p><strong>How do rental prices in the Basarab area compare to Pipera?<\/strong><\/p>\n<p>Rents in the Basarab area range from 10 to 16 euro\/sqm\/month, which is lower than the rates in the overpopulated Pipera district.<\/p>\n<p><strong>Who are the main developers active in this new real estate hub?<\/strong><\/p>\n<p>Key developers include AFI Europe, CA Immo, Vastint (IKEA), and Romanian entrepreneurs like Ion Radulea, Ionut Dumitrescu, and Ioan Niculae.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate developers are turning their attention to the Basarab Overpass area to build new real estate projects, following the model of those in the north of the capital, built around the Pipera Overpass. Unlike the investments in northern Bucharest, secured by foreign investors, the western area is more attractive to Romanian businesspeople. Among the&hellip;<\/p>\n","protected":false},"author":0,"featured_media":65253,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2857],"tags":[],"thb-sponsors":[],"class_list":["post-124998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transactions"],"article_style_override":"off","post-style":"style1","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/tranzactii-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/124998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=124998"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/124998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/65253"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=124998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=124998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=124998"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=124998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}