Romania

Shikun & Binui Real Estate Development (RED) has been active in Romania since 2006, mainly in the residential sector in Bucharest.

RED formed a joint venture together with the RED SEA group to launch the first phase of a 166 apartments on a large-scale mixed residential and commercial project in Avionului, Bucharest. This unique project is located in one of the most prestigious developing areas in Bucharest and it is expected to become the flagship project of Shikun & Binui RED in Romania.

Shikun & Binui RED has completed a residential project in Sevastopol Bucharest.

Shikun & Binui RED believes that the Romanian real-estate market remains attractive to investors and so intends to take part in its potential growth. Shikun & Binui RED constantly explores new business opportunities and aims to expand its activity in Romania.