- This is Forty Management’s third award this year
- The company is currently developing Central District 4 Elements and will start construction of the Central District Viitorului 134 this year
The prestigious British magazine Build Magazine awarded the Best Residential Premium Real-Estate Developers Romania award to Forty Management & Investments.
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.
Thus, Forty Management has the last three internationally developed projects awarded in the category of real estate development, together with the two already listed, Central District Cuza99 being the winner of the “2017-2018 Residential Development Romania” award. Central District Cuza99 is a residential project whose 43 apartments were sold in just three weeks from the start of sales.
Forty Management has developed and sold a total of 92 apartments, is currently developing the Central District 4 Elements project with 194 apartments and 1,489 sqm of commercial space and is preparing to begin construction of the Central District of the Future134, which includes 33 apartments and 1,300 sqm of offices and commercial space.
The company launched in Romania the concept of affordable luxury, which means an excellent price-quality ratio, and the concept of smart development which meant great added value for future tenants.
„We strive for each project we develop, to offer, along with decent prices, a high quality of housing and a sustainable design that will position us among the top European developers. Following the tradition of national premieres from previous projects – where in Central District Cuza 99 we created a green building of our own, with trees of 16 m high and 800 sqm of magnificent gardeners on the facade, and in Central District 4 Elements we will implement for the first time in a residential real estate project with a runway on the block and a relaxation area with outdoor cinema – and in the Central District of the Future 134, we will offer the first residential project with direct access to a tennis, basketball and football field, at night, exclusively for tenants. In this phase, of off plan sales, we sold over 50% of the apartments and rented the entire office area and commercial spaces. We are glad that these concepts of real estate development are validated internationally through the prizes won, but especially that they are validated by the trust given by our clients ”, says Ana Hogea, sales director, Forty Management.
Forty Management was founded in 2015 and has so far completed 92 apartments in exclusive projects such as Central District Polona25 – with the most expensive penthouse sold in Romania in 2014 and Central District Cuza99 – the most awarded real estate project in 2017, and is currently developing 240 apartments in projects Central District 4 Elements, Central District Viitorului134 and Central District Royal Suites.