Romanian developer Redport is teaming up with local businessman Dan Șucu, the Founder and Shareholder of Mobexpert Group, for a new residential development worth €50 million in Bucharest.  

Redport Capital and Mobexpert Group have announced the completion of the concept design for the Infinity Nord project, located in the Străulești area in Bucharest. The concept was created by the investors alongside London-based architecture house Design International. 

Romanian developer Redport Capital is planning a residential complex with more than 1,000 homes on the land plot of 44,000 sqm that was recently purchased in northern Bucharest alongside local furniture market Mobexpert.

Romanian furniture retailer Mobexpert and industrial developer Global Vision have teamed up for a digital project that provides office design solutions for small and medium-sized companies.

Industrial developer CTP Group has recently delivered over 100,000 sqm in CTPark Bucharest North, which is becoming a new logistics hub for e-commerce companies. Following an investment of €160 million, this further expansion at the park is expected to push the total leasable area above 200,000 sqm by year-end.

CTP, the biggest owner and developer of industrial projects in Romania, has taken over warehouses in Târgu Mureș from domestic furniture retailer Mobexpert.