Central District 4 Elements, the most recent project of the Forty Management developer, has obtained the building permit.

Central District 4 Elements, the most recent project of the Forty Management developer, has obtained the building permit.

Central District 4 Elements, the most recent project of the Forty Management developer, has obtained the building permit and started the construction work. The project, developed on a lad plot of 4,596 sqm, comprises 1,397 sqm of commercial space and two blocks, each of them having of 11 floors.

The residential area comprises 192 apartments and 231 parking spaces, with a mix of studios, apartments of 2, 3 and 4 rooms, and 2 duplex-penthouses, each with 165 sqm terrace.

The project encounters several absolute premiers for residential developments in Romania: a running track arranged on one of the blocks, barbecue and outdoor cinema, as well as an innovative concept of transforming the apartment according to the needs of the family (dual-key).

„We remain faithful to our concept of Affordable Luxury in this project also – we offer a high quality of living for a decent price. These values are still appreciated by the market, the proof is that we sold in a month 71 apartments, including the two penthouses” says Ana Hogea, Sales Director, Central District 4 Elements.

„Currently, we have already signed a lease for 50% of the commercial area, for 15 years, with an international retailer, and for the rest of the space we are in final negotiations with several customers in the service area. At the same time, we also signed a sales agreement for the entire commercial space with an American investment fund, which validates the quality and the innovative spirit of the project” says Lucian Azoitei, CEO, Forty Management.

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