MEMBER NEWS: River Development leased 1,000 sqm in Sema Parc to artisan bakery Pain Plaisir

MEMBER NEWS: River Development leased 1,000 sqm in Sema Parc to artisan bakery Pain Plaisir

MEMBER NEWS: River Development leased 1,000 sqm in Sema Parc to artisan bakery Pain Plaisir 1200 600 BUCHAREST REAL ESTATE CLUB

River Development  leased an area of 1,000 square meters in one of its buildings in Sema Parc to MAISON MORIES, the operator of artisanal bakeries “Pain Plaisir”, for production.

“Sema Parc is a generous space, adaptable to all businesses, whether we are talking about top companies operating in class A buildings, or we are talking about small production companies, logistics, or smaller activities, which have different needs. We are actively open to the business community and we are glad that the founders of Pain Plaisir have chosen Sema Parc for their newest production space. We hope that, in a short time, we will be able to host them a new bakery-store. ” – said Tina Virlan, Leasing Manager at River Development.

The rented space has an area of 1,000 square meters and is located in one of the existing buildings in Sema Parc, which have recently undergone a process of rehabilitation and modernization. 

“We have chosen to expand our business in Sema Parc with a new production space, for excellent positioning and for the facilities of the community developed here. Our strategy, which currently focuses only on Bucharest, is to open stores “close to home”, because artisanal bread must be eaten fresh and bought almost daily, in the absence of preservation and loosening agents. Sema Parc has given us the ingredient of a community in which we can grow, as we wish, in the coming years. ” – said Irina Stancescu, Co-Founder of Pain Plaisir.

River Development is a real estate developer with Romanian capital, with activity for over 15 years on the local market, supported by a team of professionals with extensive experience in planning, developing and managing large real estate projects. River Development develops the real estate projects Sema Parc (located on Splaiul Independentei – approx. 1,000,000 sqm GBA) and The Light (located on Iuliu Maniu Boulevard, approx. 150,000 sqm GBA), both located in the central-western area of the capital and in different stages of development.

River Development has over 150,000 sq m of office space in its portfolio and has delivered in the last two years over 38,000 square meters of new class A buildings, within the Sema Parc project, through the three class A buildings – Brussels, Paris and Berlin. London and Oslo buildings with delivery in Q4 2021 will add another 31,500 sqm (GLA) of class A offices within the Sema Parc project.

As part of its second portfolio project – The Light, River Development has already delivered the first phase – The Light One, a Class A office building with a leasable area of 21,653 sqm.

All recently developed or under construction projects comply with BREEAM standards for green buildings and target for the “Outstanding” rating.