Top 10 CEE investable projects: SkyLight Residence – Bucharest, Romania

Project overview

SkyLight Residence is a mixed-use development that redefines urban living in Bucharest’s vibrant Obor district, where residents can live, eat, work and play.

Blending residential, office, and commercial spaces, the project honours the rich history of the area, notably the legacy of the Aversa Factory, while elevating the quality of life for future residents. Located at Strada Ziduri Moși 25, it offers good access to key parts of Bucharest.

The opportunity

SkyLight Residence spans a built area of more than 480,000 sq m, including 115,000 sq m of flexible, high-quality office space; 370,000 sq m of residential space; and 8,540 sq m of commercial areas for shopping, dining and everyday services. The development will also provide 4,000 parking spaces.

Offering more than 2,200 modern apartments, SkyLight Residence is built around the 15-minute city concept, where everything residents need can be accessed within a 15-minute walk or bike ride. Residents and tenants will benefit from 28,000 sq m of landscaped green space, featuring rooftop pools, jogging tracks, playgrounds, dog parks and relaxation zones.

Community-focused amenities such as a private school, kindergarten, nursery, fitness centres, business hubs and event venues, complete the offering. The project is being developed to BREEAM Excellent standards, integrating sustainable, energy-efficient technologies throughout.

Financials

The estimated total investment for the project is approximately €1 billion.

Project sponsor

SkyLight Residence is being developed by the Topolinski family, long-time investors in Bucharest’s urban revitalisation and committed to delivering community-focused, sustainable developments.

“It is our responsibility to deliver homes for our buyers that add great value to lifestyle and health. We continuously strive to raise the bar in the Bucharest real estate market,” said Michael Topolinski III, founder and CEO.

Significance

SkyLight Residence will set a new benchmark for urban living in Bucharest. It will establish Obor as a top real estate choice for families, professionals and investors seeking quality housing and vibrant urban life in a historic setting.

The pitch

SkyLight Residence offers a unique investment opportunity into one of Bucharest’s most anticipated mixed-use developments.

Combining prime location, sustainability, top-tier amenities, and a focus on community, SkyLight Residence is designed to become the new heart of one of the most vibrant neighbourhoods in Bucharest: Obor.