At the high end of the market, the most significant delivery in 2018 was One Charles de Gaulle, with 33 apartments. By the delivery date, 90 percent of the units were already sold.

Andreea Comşa, Premier Estate Management: The pressure moves to the site, and the very well located plots will become more and more expensive. In terms of land availability, large cities in Romania still have well-placed industrial platforms which can be used, and where we will see large real estate projects in the future.

The company is preparing to launch, in the autumn, a new project on a plot of 2,200 square meters on Viitorului street, near Stefan cel Mare, and is negotiating a plot in the northern area of the city. Forty Management introduces in the Central District 4 Elements Project a concept called dual key, which Lucian Azoiţei says is unique in Romania.

Located in a residential building set on a quiet street, the penthouse is outlined on two levels and it has 625 square meters. The property articulates its discourse starting from three main elements: a patio around which the space is developed, the special design of the floors and the upper terrace.

Lucian Azoiţei, real estate developer and shareholder of Forty Management & Investments, is currently running a project of 200 apartments in the Titan Park area, in which he has already sold 42 in the first month. This is happening in a real estate market in which there is no argument that will lead to a collapse at this moment, said Lucian Azoiţei yesterday in the ZF Live business broadcast.

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.

Elena Rastei, GREEN HOMES certification coordinator for Forty Management, presented us the project as a model of best practices in the residential sector: „Certifications such as GREEN HOMES / LEED / BREEAM and similar ones take in consideration several elements: starting from the type of the land, access to public transport and alternative means of transport....

Central District 4 Elements, the residential complex located near the Titan Park, the latest project of the Forty Management developer, obtained the building permit and started the construction work. The project, developed on a land plot of 4,596 square meters, comprises 1,397 square meters of commercial space and two blocks, each one with 11 floors. The value of the residential complex is 22 million euros.

The Central District Cuza 99 project is developed by Lucian Azoiţei, the general director of the real estate developer Forty Management & Investments, responsible for other residential complexes in Bucharest.

The innovative design concept of the building includes: carefully planned green and leisure spaces on more than 2/3 of the land surface, complete LED lighting, individual control for heating and cooling systems, natural ventilation for each apartment, modular architecture for the prospect of reconfiguring the apartments...