ARTICLES LABELLED WITH TAG forty-management
03
Feb
2025
Feb
2025
Forty Management buys land in Spain over international push
Romanian developer Forty Management has purchased a land plot spanning 12 ha in Bormujos, a suburb of Seville, for a new urban regeneration project under the Lagoon City brand.
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27
Nov
2024
Nov
2024
Forty Management prepares first bond sale
Romanian developer Forty Management plans to raise up to €5 million from a bond sale in a bid to finance its international projects.
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10
Jun
2024
Jun
2024
Forty Management to deliver lagoon in Bucharest this week
Romanian developer Forty Management will open this week, in Bucharest, a public access lagoon, part of Lagoon Park Bucharest project, following an investment of €33 million.
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16
Nov
2023
Nov
2023
Forty Management & Crystal Lagoons to invest €630 million in seven cities
Romanian developer Forty Management has announced a new partnership with Crystal Lagoons to develop man-made lagoons in seven new cities across Europe (Rome, Milan, Toulouse and Seville), with three more to be announced next.
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26
Sep
2023
Sep
2023
Radisson hotel to open in Bucharest mixed-use scheme
Radisson Hotel Group was selected to be the operator of the hotel component in the Central District Lagoon City, developed in Bucharest by Forty Management. The Radisson Lagoon Hotel Bucharest is planned as the first of several such branded co-operations across the globe.
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09
May
2023
May
2023
Ascott hotel chain to enter Romania
The Ascott Limited (Ascott), one of the world's biggest hospitality owners and operators with a presence in over 260 cities, will enter Romania following an agreement with local developer Forty Management. The planned hotel in Bucharest will be operated by the luxury brand The Crest Collection.
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13
Mar
2023
Mar
2023
Forty Management gets green certification for Bucharest project
Romanian developer Forty Management has obtained the Green Homes certification from the Romania Green Building Council (RoGBC) for its District Viitorului 134 mixed-use project based in Bucharest.
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22
Nov
2022
Nov
2022
Forty Management eyes expansion in Warsaw, Prague
Romanian developer Forty Management is looking to buy land in Poland and Czech Republic for new investments of mixed-use projects under the Central District Lagoon City brand.
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16
Nov
2022
Nov
2022
Forty Management sells commercial spaces in Bucharest
Romanian developer Forty Management has sold commercial spaces covering 1,200 sqm in three Bucharest-based projects for €3.3 million, excluding VAT.
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09
Nov
2022
Nov
2022
Forty Management fully sells Bucharest resi project
Romanian developer Forty Management has sold out the Central District Viitorului 134 residential project, one month before construction completion. The Bucharest-based complex has a gross development value of €12.8 million without VAT.
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Latest news
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- LemonTree starts third Szczecin project with 39,600 sqm facility
New leases
- XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
- Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
- TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.
New appointments
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
