Bellemonde announced that it launched a new premium residential project in Pipera, northern Bucharest, adding 52 villas through an estimated investment of EUR 25 million. The development, called Bellemonde Privée, will include single-family homes, duplex villas, and townhouses, built on a 25,000 sqm plot across from the existing Bellemonde complex. About 65% of the total investment is financed through a partnership with Vista Bank. The Bellemonde project was launched in June 2024, with construction works for the 164 units starting in September of the same year, following a total investment of over EUR 40 million. Bellemonde said work is advancing steadily, with structures and masonry completed, screeds and waterproofing 75% finalized, and joinery works 40% done.