Baba Novac Residence
“Baba Novac Residence” real estate project run through EVER IMO has been completed, the investment bank loan was repaid in full. In 2020 we have received 34,6 billion lei from dividends and returns.
Baba Novac Residence is the first real-estate development project of EVERGENT Investments. Located in the semi-central area of Bucharest it is optimally positioned in Dristor-Mihai Bravu residential area. The successful project started in 2016, highly appreciated by the buyers, consists in 363 apartments; all sold by 2020 and has become a reference project for residential developments in the area.