Diego Stuyck, a shareholder of Mantor Group: In Bucharest, there is only the impression that a lot is being built, as for too many years nothing has been built. The potential is much greater.
“Even in Bucharest, there are cranes, but there could be much more. In Madrid, it’s a crisis and it is being built twice as much.” Diego Stuyck, a shareholder of Mantor Group in Spain, having both a constructions company, as well as others of residential development and property management, says that Bucharest becomes interesting again for developers of residential projects, …
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The Mantor Group obtained the approval for the construction of the Trastevere residential complex
The Spanish Group Mantor received the approval for the Zonal Urban Plan of the Trastevere residential complex in Bulevardul Erou Iancu Nicolae nr. 84. Trastevere is the first project developed by Mantor and will have a height regime of GF+6, composed of 54 apartments. The residential complex will extend over an area of approximately 6,000 square meters, and the investment …
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Developer: Part of the banks refuse investments in housing, and in the case of the other ones, you finish building until you receive the money
Apparently, banks changed their attitude towards the financing of residential projects, but the reality is different. If crediting institutions, who still haven’t yet escaped from non-performing assets, are prohibited to credit this real estate sector, those that receive files settle them with difficulty, says Tomas Manjon, managing partner of the Mantor Spanish Group. “Some banks say no from the first …
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