Redport and Dan Șucu kick off resi investment in eastern Bucharest

15
Jul
2025
News - Redport and Dan Șucu kick off resi investment in eastern Bucharest #Cosmin Savu-Cristescu #Dan Șucu #Esplanada Shopping Center #Pantelimon Park #Redport #Romania #Vitality Est

by Property Forum | Residential

Local developer Redport and Romanian entrepreneur Dan Șucu have started the construction of a new residential project in eastern Bucharest, which included the launch of a showroom.


With an estimated total investment of €50 million, Vitality Est will feature 500 apartments and 400 sqm of commercial spaces.

Cosmin Savu-Cristescu, Founder and CEO of Redport, said: "Vitality Est is the result of a solid strategy and a team that believes in meaningful development. Every detail reflects our commitment to those who choose us.”

The first phase of the project will bring 145 apartments and will be completed in 2026. Subsequent phases are scheduled for delivery in 2027 and 2028, respectively. The complex will be located near Pantelimon Park and Lake.

All homes will be equipped with smart amenities, electric car infrastructure, high energy efficiency, and secure digital access.

The showroom is only 2 km away from the real estate project and can be visited in the Esplanada Shopping Center.




Latest news


New leases

  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
  • Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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