Northern Bucharest gains momentum: What is fueling the resi investment growth?

12
Aug
2025
News - Northern Bucharest gains momentum: What is fueling the resi investment growth? #apartments #Bellemonde #Bucharest #Hype Project #Pipera #residential #Romania #Victor Grosu #Victor Terheș #villa

by Ovidiu Nicolae | Interview

Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the strong demand for the company's first residential development in Pipera and the plans to start new investments in the same area due to high interest from premium homebuyers. 


This interview was first published in Property Forum’s annual listing of "The 50 most influential people in Romania’s real estate market”.

How has Bellemonde performed in the premium residential market since its launch in the summer of 2024, particularly regarding demand for its initial 164 units? 

Since its official launch in the summer of 2024, Bellemonde has recorded strong performance in the premium residential segment, exceeding initial projections. The demand for the first phase of 164 units has been remarkably high, with over 60% of the units sold to date. This enthusiastic response reflects how well Bellemonde resonates with future residents-individuals and families who value not only high-end finishes but also a complete, well-integrated lifestyle experience. 

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Latest news


New leases

  • The recreational offering at Fort Wola has been further enhanced. Zdrofit fitness club, which has operated at the centre since 2024, has expanded its floor space by an additional 790 sqm to house a modern pilates zone. Following this expansion, the club’s total footprint exceeds 2,280 sqm.
  • Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
  • IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.

New appointments

  • Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
  • Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.


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