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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