Experienced developers and real estate investment equity trust with unique market insights. Forty Management is a developer of premium mixed-use real estate and urban green reconversion under Central District brand. The company was established in 2015, although the founders have been involved in the dynamic real estate market since 2000 as entrepreneurs of one of the largest real estate construction and finishing materials companies.
Central District 4 Elemente
Forty Management owns the Crystal Lagoons license – which allows the development and the operation of large man-made lagoons, with crystalline water, at low maintenance costs – for Bucharest, Budapest, Warsaw and Prague and is negotiating at this moment new locations in Milan and Lago di Garda.
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Forty Management SA, one of the main real estate developers of mixed-use and urban redevelopment projects in Romania, has completed the transactions for the sale of 1,220 sqm of commercial spaces located within its mixed-use urban developments, Central District 4 Elemente, Central District Cuza 99 and Central District Viitorului 134.
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Forty Management, a leading real estate developer of innovative mixed-use sustainable projects, sold out Central District Viitorului 134 project, one month before construction completion. The gross development value is €12.8 million without VAT.
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