ARTICLES LABELLED WITH TAG forty-management
17
Mar
2022
Mar
2022
Forty Management sells out €25 million project in Bucharest
Romanian developer Forty Management has completely sold all the apartments and leased all spaces in the Central District 4 Elements project that was completed last year following an investment of €25 million.
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16
Feb
2022
Feb
2022
Forty Management secures €65 million loan for Bucharest project
Romanian developer Forty Management has secured a syndicated loan worth €65 million for a new mixed-use project in Bucharest.
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31
Jan
2022
Jan
2022
Forty Management expects revenues of €80 million in 2022
Romanian developer Forty Management expects a turnover of 397 million lei (€80 million) and a net profit of 188 million lei (€38 million) in 2022, while total investments in residential projects across Bucharest will reach 155 million(€31.3 million).
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13
Jan
2022
Jan
2022
Forty Management to build Romania's highest residential tower
Romanian developer Forty Management has initiated the authorization procedure for Royal Suites Central District in northern Bucharest, with a market value of €76 million. Once completed, the building will be the tallest residential project in Romania with a height of 122 meters.
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25
Nov
2021
Nov
2021
Forty Management plans new residential projects worth €310 million
Romanian developer Forty Management plans to start new residential projects covering 138,000 sqm with a market value of more than €310 million. The investments are in various permitting stages.
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08
Nov
2021
Nov
2021
Forty Management to deliver Bucharest mixed-use project in June 2022
Romanian property developer Forty Management says it will deliver a Bucharest-based mixed-use project in June 2022.
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05
Oct
2020
Oct
2020
Forty Management buys 4 ha plot of land in Bucharest
Local real estate developer Forty Management has acquired a 39,896 sqm plot of land of in the Străulești area of the Bucharest from Butan Gas Romania in a transaction valued at €8.2 million. The developer plans to deliver the Central District Lagoon City mixed-use project with 570 apartments, hotel, offices and commercial space, following an investment of over €100 million.
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26
Mar
2020
Mar
2020
Forty Management plans new office project in Bucharest
The Poșta Puișor building in central Bucharest will be transformed into an office building by Forty Management & Investments, a company founded in 2015 by local investors Lucian Azoiței and Tudor Bădițescu, profit.ro has learnt.
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27
Jan
2020
Jan
2020
Investors buy 35 apartments for rent in Bucharest
A group of investors have acquired 35 one-bedroom apartments in the Central District 4 Elements residential project, developed by Forty Management in the capital’s Titan area, for €3.4 million (excluding VAT). The investors will lease the apartments.
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Latest news
- Czech regional office markets report mixed H1 2026 results
- Develia breaks ground on residential project in Gdańsk
- Colliers cuts Romania retail delivery forecast for 2026
- Canadian investor launches tender offer for Żabka Group
- AXI IMMO reports Warsaw office leasing up 38%
- Mercure opens first hotel in Oradea, Romania
- EfTEN Capital sells Riga shopping centre to investor club
- Resi Capital reports good sales for Warsaw resi tower
- tbi bank offers grace period to Romanian property developers
- Romania industrial demand rises 11% as speculative builds return
New leases
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
- 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.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- 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.
