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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Forty Management, one of the leading developers of green real estate and urban reconversion projects, announces the signing of the lease agreement for the last commercial space available within Central District 4 Elements project, located in Titan area in Bucharest. The 1,000 square-meter space is taken over by the Stay Fit Gym fitness center.
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Forty Management approved the contracting of a syndicated loan worth 65 million euro. The company will soon access the funding offered by CEC (syndicate leader), Alpha Bank and First Bank to the company that will develop Lagoon City Bucharest, owned 100% by Forty Management.
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Forty Management SA, a real-estate mixed-use developer in Bucharest, estimates for 2022 a turnover worth 397 million and a net profit in value of 188 million lei, according to the budget approved by the company’s management last week.
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Unul dintre principalii dezvoltatori imobiliari de proiecte mixte şi regenerare urbană din România îşi propune să dezvolte un proiect rezidenţial exclusivist, cu o valoare de piaţă estimată la 76 milioane de euro. Proiectul va avea o înălţime de 122 de metri.
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Forty Management anunță finalizarea selecției internaționale pentru serviciile de proiectare, inginerie și asistență tehnică pentru construcția Central District Lagoon City din București. Contractul câștigat de Meinhardt Group se ridică la o valoare estimată de 2,8 milioane de euro și are o durată de implementare de 8 luni.
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Dezvoltatorul imobiliar de proiecte mixte și regenerare urbană Forty Management a raportat pentru primele nouă luni din 2021 o cifră de afaceri consolidată de 109,43 milioane de lei, în creştere cu 76,33% faţă de perioada similară din 2020, şi un profit net de 36,04 milioane lei.
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Forty Management, a real estate developer awarded internationally for premium, green projects, announces that has sold off-plan 90% of the Central District Viitorului 134 residential project. The mixed-use development with a value of Euro 11.5 million is scheduled to be finalized next year in June.
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Eșecurile în business l-au costat multe milioane de euro, însă nu ar fi ajuns la performanța și succesul de astăzi fără acele lecții. Și nu este singurul antreprenor care a demonstrat de-a lungul deceniilor că eșecul poate fi transformat în succes.
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Dezvoltatorul Forty Management a finalizat selecția internațională pentru componenta hotelieră a Central District Lagoon City din București, care va include 160 de camere si 100 de apartamente în regim hotelier.
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Dezvoltatorul imobiliar Forty Management a finalizat complexul cu 204 de apartamente de lângă Parcul Titan și a demarat construcția unui nou proiect boutique.
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Forty Management started the construction of the mixed-use project Central District Viitorului 134, on a land of 2,200 sqm, located in the center of Bucharest.
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Forty Management has hired EST Hospitality Consulting to manage the international affiliation process of the hotel component of its Central District Lagoon City project.
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Romanian developer of Forty Management has bought close to 4 hectares of land in the north-western part of Bucharest (Străulești area) for EUR 8.2 million. It plans to develop the first 100% green mixed-use project in Bucharest around an artificial lagoon occupying roughly half of the land, Profit.ro reported. The total investment is estimated at around EUR 100 mln.
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The Romanian-based real estate developer Forty Management has proposed an urban regeneration project that will be developed on ten acres of land in the Străulești area of Bucharest. The developer plans to deliver the Central District Lagoon City mixed-use project with 570 apartments, hotel, offices and commercial space, following an investment of over $118 million.
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Dezvoltatorul Forty Management, deținut de antreprenorul Lucian Azoiței, a preluat și va utiliza licența Crystal Lagoon în cadrul unui proiect imobiliar mixt de mari dimensiuni din București, denumit Central District Lagoon City, care, conform planurilor, va avea o o lagună de peste 20.000 mp în mijlocul proiectului, exclusiv pentru locuitorii acestuia.
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Dezvoltatorul imobiliar Forty Management, condus de antreprenorul Lucian Azoiței, a cumpărat un teren de aproximativ 3.000 mp, situat în Strada Tipografilor 2, într-o tranzacție complexă evaluată la circa 7,2 milioane de euro. Un calcul simplu indică un preț de 2.400 de euro/mp, unul dintre cele mai mari valori pe metrul pătrat plătite în acest an.
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Dezvoltatorul imobiliar Forty Management, condus de antreprenorul Lucian Azoiței, a cumpărat un teren de aproximativ 3.000 mp, situat în Strada Tipografilor 2.
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At the end of February this year, the Romanian developer Forty Management received the “Most Sustainable Green Project” award for the Central District 4 Elements project.
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Dezvoltatorul român Forty Management, care a finalizat vânzarea celor 204 apartamente din Central District 4 Elemente, a închiriat 500 mp din zona comercială a proiectului în suprafață totală de 1.400 mp, către retailerul Profi, pentru […]
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Proiectul rezidențial Central District 4 Elemente va fi finalizat in trimestrul al treilea al acestui an, în momentul de față structura fiind finalizată, în timp ce proiectul a fost deja precontractat în proporție de 100%. […]
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Dezvoltatorul Forty Management a finalizat vânzarea tuturor apartamentelor incluse în proiectul rezidențial Central District 4 Elemente din Titan cu șapte luni înainte de finalizarea ansamblului, iar ultimele 35 de apartamente cu două camere au fost […]
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Un grup investițional a contractat cu 3,4 milioane de euro plus TVA, 35 de apartamente cu două camere în proiectul rezidențial Central District 4 Elemente, dezvoltat în zona Titan, pentru a le închiria ulterior. Acesta a achiziționat și propunerea de mobilare a Forty Management pentru cele 35 de apartamente, împreună cu 35 de locuri de parcare.
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Bilanţul vânzărilor pe 2019 arată că dezvoltatorul a vândut în acest an 175 de apartamente , 80% din proiectul Central District 4 Elemente şi 50% în Central District Viitorului 134, însumând 17,1 milioane de euro. Dacă lucrările de construcţie pentru Central District 4 Elemente au început deja şi apartamentele vor fi livrate în septembrie 2020, în cazul Central District Viitorului 134 dezvoltatorul se aşteaptă să demareze lucrările în ianuarie 2020 şi să le finalizeze în mai 2021.
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Forty Management received two weeks ago from the International Property Awards, the "2019-2020 Residential Development Romania" award for the Central District Future project134 and the "2019-2020 Mixed-Use Development Romania" award for the Central District 4 Elements project.
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The yields on the rents of the apartments in Bucharest amount to an average of about 5%, which attracts the small investors who create their portfolios for renting apartments, and the city is attractive for those who invest in real estate because it offers a good yield and the tax for the related rents it is quite low in Romania.
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Last night, in London, at the European Property Awards, Forty Management won the Residential Development Award with the Future Central District project134 and the Mixed Development (residential and commercial) award with the Central District 4 Elements project.
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The real estate developer Forty Management has completed, for the first time, the showroom for the presentation of the Central District 4 Elements Titan mixt project, which includes a studio and a two-room apartment, fully furnished and equipped, which can be replicated in the homes of the future owners of the dwellings.
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The real estate developer Forty Management & Investments, led by entrepreneur Lucian Azoitei, bought at the beginning of the year a plot of 2,200 square meters on 134-136 Viitorului street, in a transaction valued at about 2.1 million euros.
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After the first office building with runway on the roof, the first apartments block with a runway on the roof, will be built in Bucharest. Local Developer Forty Management invests in a project with nearly 200 apartments near Titan Park.
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On the Romanian residential market a property has to be worth at least EUR 500,000 to be considered luxury. And the category runs from penthouses in northern Bucharest, to historical villas. The latest concept, say players, is affordable luxury.
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Land plots within cities are transformed in platforms for residential complexes, leaving behind surrounding localities.
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Central District 4 Elements, the 22-million-euro residential project of Forty Management developer, controlled by businessman Lucian Azoiţei, will be delivered in August 2020.
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Eclecticism should be the most appropriate buzzword intro into the atmosphere of the interior design of this Bucharest penthouse, suggestively called the "Japanese Maple".
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I have a 200 apartments project; I did not even start the construction yet, but I already sold 42 flats in the first month. The rate for an apartment is 20% lower than the rent, so we can't talk about a crisis.
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The residential complex, located near Titan Park is valued at 22 million euros and has already obtained the Green Homes pre-certification.
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In our search for better and better housing, we reached the residential complex Central District from Bucharest, at the recommendation of Romanian Green Building Council.
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Central District 4 Elements, the most recent project of the Forty Management developer.
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A residential project valued at 5 million euros located in the area of the City Hall of Sector 1 and whose construction began two weeks ago, has found buyers for almost all the units, given that the 43 apartments will be completed just over one year.
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Central District 4 Elements obtained the building permit and started the work near the Titan Park. The complex, which is already Green Building (Green Homes) pre-certified, is the latest real estate project of the Forty Management developer, internationally awarded for innovation and sustainable design.
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