Savills has named Crosspoint Real Estate its associate in Romania as part of its continued expansion across Central and Eastern Europe. Savills and Crosspoint signed a partnership agreement in Summer 2017 with the association status taking the successful relationship to the next level. Recent instructions include advising on the sale of the Bank of Cyprus building from SIF Banat Crişana to a firm belonging to a Romanian businessman in November and securing transactions with land plots with a total value of over €60 million in 2018.
Founded in 2005 and based in Bucharest, Crosspoint Real Estate employs 23 commercial real estate professionals and advises clients across sectors including: capital markets, office, industrial and logistics leasing, tenant representation, land, residential sales, research, valuation and consultancy.
James Sparrow, CEO of Savills UK & EMEA, comments: “In line with increasing investor demand across the CEE markets, we have been expanding our teams and areas of expertise in order to offer the very best service for our global client base. Crosspoint has an excellent reputation in Romania and by making them a full Savills associate we look forward to helping local and global clients benefiting from their market knowledge.”
Codrin Matei, Managing Partner, Crosspoint Real Estate, adds: “Following our successful partnership these last 18 months, we are delighted to join the international network of Savills associates and look forward to working even closer together to secure business opportunities within the rapidly developing Romanian property market and in the wider Central and Southeast European region.”
Codrin Matei is co-founder and managing partner of Crosspoint. For more than 10 years he has been actively involved in the local and foreign stock markets system, having also acquired an extensive experience in the banking industry, while holding positions within BRD – Groupe Société Générale (corporate clients and high-end individuals). He has graduated the Academy of Economic Studies, Bucharest, with a major in Business Management followed by a master in Investment Management at the same university. He is a certified Investment Consultant and holds a certification from London Business School on Corporate Finance. Between 2015-2017, he was part of the Global Advisory Board for Leading Real Estate Companies of the World (by-invitation-only network, present in over 65 countries, with 565 firms and 130,000 sales associates that transact annually ~ $368 billion). More »
Crosspoint Real Estate