Hercesa launches real estate project Estellas Residencias

Estellas Residencias, the second largest real estate project launched by Hercesa in Bucharest, is part of an integrated plan to cover 18,000 square meters with offices and 9,000 sq m with commercial spaces, the Spanish real estate developer informs in a release.

The project was launched on the occasion of the Real Estate National Fair, the project going to bring on the market 800 apartments, to be delivered in four stages.
In a first stage, the developer is to sell 102 apartments in a 17-floor block. During the next stages other four blocks with 700 apartments are to be sold on the market.
Set up in 1975, Hercesa Inmobiliaria is one of the leaders on the real estate market in Spain and in Western Europe. Hercesa is active in the residential, industrial and tertiary fields. The company’s portfolio is of approximately 30,000 housing units in ongoing development stages in Spain, Portugal, Romania, Bulgaria, the Czech Republic, Poland, Morocco, Ecuador, Mexico and  Panama. In Romania, Hercesa has under construction residential, office and integrated projects,as well as hotels.
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