---
title: "Crosspoint Capital Markets Transaction: 1.000 sqm land plot sold for residential development in 1 Mai area"
description: "Crosspoint Real Estate manages the purchasing transaction for 1.000 sqm land where the owner of Vitan Center plans to develop a residential compound."
url: "/en/resources/news/crosspoint-real-estate-transaction-1-000-sqm-land-plot-sold-for-residential-development-in-1-mai-area"
canonical: "https://crosspoint.com.ro/en/resources/news/crosspoint-real-estate-transaction-1-000-sqm-land-plot-sold-for-residential-development-in-1-mai-area"
lang: en
alternate: "https://crosspoint.com.ro/resurse/stiri/tranzactie-crosspoint-capital-markets-teren-de-1-000-mp-vandut-pentru-dezvoltare"
updated: 2026-07-10
---

# Crosspoint Capital Markets Transaction: 1.000 sqm land plot sold for residential development in 1 Mai area

News · 2016-04-22

*Crosspoint Real Estate manages the purchasing transaction for 1.000 sqm land where the owner of Vitan Center plans to develop a residential compound.*

Crosspoint Real Estate manages the purchasing transaction for 1.000 sqm land where the owner of Vitan Center plans to develop a residential compound.

The new project will be developed in Piata 1 Mai area in Bucharest and it will be exclusively represented for selling by Crosspoint Real Estate and plans to respond to the increasing demand for residential units.

The new project will deliver up to 50 residential units and it estimated to be completed during 2017.

## Contact

- Crosspoint Real Estate
- Phone: +40 21 232 45 40
- E-mail: office@crosspoint.com.ro
- Address: Ethos House, Calea Floreasca 240B, etaj 3, București, Sector 2, 014475, România
- Contact page: https://crosspoint.com.ro/en/contact

---

Website by [ADACITY](https://adacity.ro), a real estate marketing agency.
