About us

Forty Management (Romania and Switzerland) is a leading real estate developer of innovative mixed-use project and urban reconversion. Our projects are developed under the Central District (Romania)  and LagoonCity. LagoonCity is a pan-european brand, with the mid and long-term plan to scale-up in Spain, France, Italy, Poland, Czech Republic and Hungary, after Romania. 

 

We seek to create places that inspire, projects where vision and thoughtful design add lasting value. This is what turns our promise into a responsibility to never compromise.

 

Lagoon City is a cutting edge mixed-use development from multiple points of view, as we have designed a scalable, proprietary business model focusing on area revitalization, stakeholder engagement and sustainable living centered around a unique concept – bringing see into the city. Our proprietary business model generates early cash flows, embeds guaranteed income, and increases property value vs. peer projects thanks to this unique concept. Lagoon City is cycle proof stemming from a diversified pool of cash flows from 6 different sources ( residential, commercial, hotel, office, entertainment and utility provider). 

 

Forty Management has received multiple national and international awards for its design, innovation and sustainability.The company is a member of the Romania Green Building Council (RoGBC), an organization that promotes environmental responsibility and energy efficiency. All of Central District’s developments are certified “Green Buildings ” by RoBGC, while Central District Viitorului 134 is certified as NzEB. In 2022, Forty Management has committed to having all its new developments as carbon-neutral and self-sustainable using the concept Lagoon City.

 

Thanks to this innovative concept – we bring see into the city-  our hotel component in Lagoon City has secured multi-country interest from leading hotel chains. Based on our proprietary business model, Lagoon City generate superior returns for equity investors with IRRs in excess of 30%, all the while having the highest standards in terms of ESG commitment ( carbon neutral and self-sustainable) and value created for communities.