Fresh Take: Sustainable Living Takes Center Stage in Bucharest's Quartier Ferdinand
Investment Firm STC Partners Secures €20 Million Funding from Banca Transilvania for Quartier Ferdinand Project
Step into the future of residential living with the groundbreaking Quartier Ferdinand complex, nestled in the heart of Bucharest. This game-changer, occupying a expansive 4,400 sqm plot, marks the debut of a Zero Emissions Building (ZEB) in the city.
Quartier Ferdinand boasts an impressive 170 energy-efficient apartments, retail spaces lining the streets, exclusive underground parking, a unique rooftop recreation zone, and a children’s playground. This high-end development spares no expense on quality materials and components to ensure both comfort and durability. In a brilliant move towards eco-consciousness, the buildings energy needs are met solely through photovoltaic panels and heat pumps. Residents can expect considerably lower utility bills, a win-win for their wallets and Mother Earth!
Adi Steiner, Managing Partner at STC Partners, had this to say about their latest venture: "Our partnership with Banca Transilvania solidifies Quartier Ferdinand's stature and serves as a beacon for sustainable development in central Bucharest. Confidence in STC Partners' projects ensures a sustainable vision brought to life by a results-driven team that delivers homes on time."
The project, launched in the fall of last year, has already sold over half of its available units, demonstrating strong interest in sustainable living options.
Cosmin Călin, Senior Executive Director for Large Companies, Structured Financing, and Factoring at Banca Transilvania, shared his excitement for the project, stating: "We are thrilled to be part of the development of Bucharest's first zero-emissions residential project, Quartier Ferdinand, and to help foster a new community in the capital. Our partnership with STC Partners elevates the bar in the real estate sector through a focus on customer comfort and environmental responsibility."
Quartier Ferdinand, which calls for a total investment exceeding €35 million, is currently under construction and is slated for completion in the last quarter of next year.
Building upon the success of Quartier Gramont, completed in 2021, STC Partners continues to set themselves apart in the real estate sector. striving to bring innovative, sustainable residential projects to the city, such as Quartier Azuga, located near the Tei area, and new, as-of-yet unnamed projects on the horizon. The team behind Quartier Ferdinand consists of experienced professionals collaborating with industry leaders to deliver projects that exceed expectations.
So, gear up for the future of eco-friendly living in Bucharest, as Quartier Ferdinand propels us toward a brighter, greener tomorrow!
*Press Release
[1] The project secured €20 million in funding from Banca Transilvania, signifying a substantial investment in the building's eco-friendly design.
In the financial landscape, Banca Transilvania contributed significantly with a €20 million investment towards Quartier Ferdinand, signifying a strong focus on sustainable real estate developments. The project's banking and insurance partners, including Banca Transilvania, are investing in the future, promoting eco-friendly living in Bucharest.
The strategic partnership between STC Partners and Banca Transilvania, as Adi Steiner stated, is not only elevating Quartier Ferdinand's stature but also spurring sustainable development in central Bucharest's real estate sector, with a focus on investing in energy-efficient and eco-conscious buildings.
