Cloud 9 developer aims to reach 90% sale rate by year-end

27
Apr
2021
News - Cloud 9 developer aims to reach 90% sale rate by year-end #Akcent Development #Bucharest #Cloud 9 Residence #Laurențiu Afrasine #residential #Romania #sales

by Property Forum | Residential

Akcent Development says that it sold 67% of the Cloud 9 residential project in northern Bucharest and aims to sell 90% of the planned 820 apartments by the end of 2021. 


The project includes 18 types of apartments with areas ranging between 48 to 144 sqm, as well as three exclusive penthouses with private pools that have already been sold. 

”In this new context, buyers are increasingly interested in the duplex units with private gardens on the ground floor, with areas between 35 and 110 square meters, which provide ideal green spaces for work and relaxation. We are convinced that the warm season and the expected relaxation of restrictions will boost sales, helping us reach our objectives,” says Laurențiu Afrasine, CEO, Akcent Development. 

The ground floor of Cloud 9 will be leased to a supermarket operator and the developer plans to add new tenants in the commercial area. 

Akcent Development has a portfolio of around 7,500 apartments in Bucharest and three office buildings in the city centre. The company aims to develop two more residential projects in northern Bucharest. 




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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