Real estate developer Adama, controlled by Austrian group Immofinanz, recently completed the construction of the last phase of the Copou Bellevue residential complex in Iasi, north-east of Romania, following an investment of EUR 1.7 million. The money came from the company’s own funds.

Now completed, Copou Bellevue comprises four buildings with a total of 170 apartments. Some 75% of the apartments have already been sold since March this year.

Irina Popescu, irina.popescu@romania-insider.com