News Article Ana Ciobanu Bucharest Central District Viitorului 134 Forty Management green homes Lucian Azoiței RoGBC Romania
by Property Forum | Residential

Romanian developer Forty Management has obtained the Green Homes certification from the Romania Green Building Council (RoGBC) for its District Viitorului 134 mixed-use project based in Bucharest. 

The project was completed in the first quarter of 2023 and had a gross development value of €12.4 million. 

The certification for the 40 apartments was awarded based on meeting the sustainability criteria, including high energy performance according to nZEB (near zero energy) principles. 

"All these energy efficiency measures ensure both a healthy living space with minimal environmental impact and reduced monthly costs through significant energy and water savings, as well as access to special interest loans for green buildings," said Ana Ciobanu, Forty Management’s Executive Director. 

Lucian Azoiței, Forty Management’s Founder and CEO, added that the developer was the first domestic one to implement energy efficiency and carbon footprint strategies even before the requirements of national legislation. 

At present, Forty Management has started the development of Central District Lagoon City, which will be completed following an investment of over €120 million.