Romanian entrepreneur enters BTR niche in Bucharest

14
Dec
2023
News - Romanian entrepreneur enters BTR niche in Bucharest #Bucharest #Build to Rent #Lucian Butnaru #Romania

by Property Forum | Residential

Lucian Butnaru, the owner of the SelfPay payment company, has started two build-to-rent projects in northern Bucharest that will target renters in the premium residential segment.


The first project will feature a residential building with 52 apartments for rent that will also have a mix of facilities. The project is currently in the approval phase, according to profit.ro.

In Voluntari locality, near Bucharest, Butnaru is developing an 8-villa complex that will also be available to rent. The project is slated for delivery in September 2024.

Previously, the entrepreneur has completed an office project in Bucharest and has renovated a historical villa in the central part of the city.




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  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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  • 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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