Maggie Kitshoff, Prime Kapital: Romanians are more informed, demand quality residential projects

Amid a good feeling given by the positive economic growth figures for Romania, the demand for residential properties in Romanian cities and bigger towns has been on an upward trend. But Romanians have also started to be more quality-oriented when it comes to buying a house. And this may be bad news for residential developments that do not create good investments, better living spaces, incorporate technology and invest in infrastructure, Maggie Kitshoff, director of residential projects at Prime Kapital, believes.

Prime Kapital, an integrated real estate developer, investor, and operator that mainly focuses on central and Eastern Europe is currently developing two residential projects in northern Bucharest. The company also has plans for expansion outside the capital and started with a mixed project in Iasi.