ARTICLES LABELLED WITH TAG Lucian Azoiței

News Forty Management buys land in Spain over international push
03
Feb
2025

Forty Management buys land in Spain over international push

by Property Forum
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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News Forty Management & Crystal Lagoons to invest €630 million in seven cities
16
Nov
2023

Forty Management & Crystal Lagoons to invest €630 million in seven cities

by Property Forum
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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News Radisson hotel to open in Bucharest mixed-use scheme
26
Sep
2023

Radisson hotel to open in Bucharest mixed-use scheme

by Property Forum
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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News Ascott hotel chain to enter Romania
09
May
2023

Ascott hotel chain to enter Romania

by Property Forum
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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News Forty Management gets green certification for Bucharest project
13
Mar
2023

Forty Management gets green certification for Bucharest project

by Property Forum
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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News Forty Management eyes expansion in Warsaw, Prague 
22
Nov
2022

Forty Management eyes expansion in Warsaw, Prague 

by Property Forum
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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News Forty Management sells commercial spaces in Bucharest
16
Nov
2022

Forty Management sells commercial spaces in Bucharest

by Property Forum
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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News Forty Management fully sells Bucharest resi project
09
Nov
2022

Forty Management fully sells Bucharest resi project

by Property Forum
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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News Forty Management sells out €25 million project in Bucharest
17
Mar
2022

Forty Management sells out €25 million project in Bucharest

by Property Forum
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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News Forty Management plans new residential projects worth €310 million
25
Nov
2021

Forty Management plans new residential projects worth €310 million

by Property Forum
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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Latest news


New leases

  • Smurfit Westrock, a company active in the packaging industry, has decided to extend its lease agreement and expand its office space at Quattro Business Park in Kraków. The company now occupies 1,713 sqm on the first and second floors of Building D.
  • Igepa Polska, a distributor of paper, printing machines and media, has decided to renegotiate the terms and conditions of its lease for 3,700 sqm of warehouse space in Panattoni Park Poznań IX (western Poland). The transaction was facilitated on behalf of the tenant by Newmark Polska.
  • AND2 office building, the tallest building in Poznań (western Poland), is gaining a new tenant. BeIN Offices will offer ca 3,300 sqm of coworking space with a view of the city skyline.

New appointments

  • At the beginning of February, Michał Chodecki became the head of the Warehouse & Logistics department of Savills Poland. The new director is responsible for the strategy and direction-setting of this business line and building relationships with key clients.
  • CTP has appointed Andrei Marian, who brings nearly nine years of experience in real estate development and consultancy firms, as its new Regional Business Development Director in Romania.
  • Maciej Müldner has been appointed as the new Chief Financial Officer (CFO) of MLP Group. An experienced executive, he has spent nearly 20 years contributing to the development of the Skanska Group in Central Europe.

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