Nhood has become the development partner of Regata Imobiliare for the commercial component of Satul German, a large-scale urban development project in the Republic of Moldova. Under the mandate, Nhood will provide integrated development, leasing, property management and asset management services, with the aim of supporting the project's long-term performance.
Satul German is conceived as a micro-city built around the concept of a 15-minute city, prioritising quality of life, sustainability, renewable energy and European design standards. The neighbourhood will comprise 48 residential buildings, semi-detached and detached houses, green spaces, a hospital, educational infrastructure, a multisport complex, the National Tennis Centre and an Ibis hotel. Approximately 30,000 sqm of land is earmarked for the commercial component. The project is expected to be completed in 2028 and to house around 10,000 residents.
"Satul German was designed from the very beginning as a neighbourhood where people would have close access to everything they need for a comfortable life. The commercial component is a natural part of this vision. Together with Nhood, we want to develop a centre that meets everyday needs while also bringing the community together," said Ceslav Ciuhrii, founder of Satul German.
Nhood's team will develop the retail concept and commercial mix, define a leasing strategy tailored to the future community and work to attract international and local brands. "Our involvement in the project began with the definition of the concept and continues with the development of the commercial component. This integrated approach allows us to make, from an early stage, the decisions that will contribute to the project's long-term performance and sustainability," said Bogdan Aldea, head of business development at Nhood.
"In a neighbourhood built from the ground up, the commercial area needs to be designed around the way the community will evolve over time. This means taking into account how the spaces will be used, the needs of operators and changes in consumer behaviour, so that the offering can remain relevant as the neighbourhood develops," said Mihaela Petruescu, country director for property services Romania and Poland at Nhood. Nhood manages assets worth €17.3 billion across nearly 1,000 locations in Europe and Africa for over 300 clients, while Regata Imobiliare's portfolio includes the first Kaufland Moldova retail and logistics projects as well as retail and hospitality projects in Chișinău.
