CEO, Element Group
Value of investments coordinated:
€ 100 mil.
20 yeas on the Romanian real estate market
Ionut Bordei was appointed as CEO of Element Group, one of the most dynamic Romanian investment funds, in February 2017. He leads the development activity, supervising the land acquisitions process for all divisions of the group. His career in real estate began in 2000 in local brokerage agency Eurisko, where he evolved from a broker to Residential Department Manager and further on, Partner.
Before joining the Element Group team, he worked for companies such as Cordia Futureal or DTZ Echinox.
Ionut has an Executive MBA degree from Vienna University of Economics and Business.
“One of the Group’s latest acquisitions is a 2.7-hectare land at the entrance to Pitești, in the immediate vicinity of the A1 highway. The positioning in the immediate vicinity of the A1 highway, as well as near an existing retail hub – Jupiter City, Metro and Arabesque Pitești – determined us to add this land to the group’s portfolio, for a future proximity logistic development.”
Some of his key achievements within the group include the development of Bistrita Retail Park (a shopping gallery of 7.600 sqm with tenants such as Carrefour Market, Decathlon, Sportisimo, JYSK, Lems, Happy Cinema, Top Shop, Sinsay, Help Net and Contakt), the takeover of BCC office building from Immofinanz, which was rebranded as One Victoriei Center and the acquisition of the former Kandia factory in Timisoara. Ionut is also in charge of the acquisitions for the logistic development of the group (Element Industrial), some of the most important being a 2,7-hectare land in Pitesti, a 3-hectare land in Targoviste or the warehouses of Bere Bauturi from Constanta rebranded as Eli Xpress Constanta