Development

RIVER DEVELOPMENT becomes SEMA Real Estate

RIVER DEVELOPMENT becomes SEMA Real Estate 1200 352 BUCHAREST REAL ESTATE CLUB


RIVER DEVELOPMENT becomes SEMA Real Estate

The local real estate developer and investor River Development announces the transformation of its current brand, River Development, into SEMA Real Estate.

River Development represented the identity of the developer for more than 20 years and supported the image of a prominent player on the real estate market in Romania. The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars of our projects in the portfolio and in strengthening the brand positioning in the market.

“The new SEMA Real Estate name and visual identity is actually our authentic identity, which we have resonated with, all these years. More specifically, we’re going back to the future! The keyword SEMA is already recognized for our flagship project, Sema Parc, one of the most significant mixed-use developments in Bucharest, that includes office buildings, commercial spaces and a residential area. The rebranding emphasizes the legacy and importance of this project to the company’s identity and its role in shaping its future developments with professionalism and enthusiasm. Therefore, all our current developments, as well as the future developments, will be under the same umbrella: SEMA.” – declares Oana Rădulea, Managing Partner SEMA Real Estate.

“We are preparing to launch our first residential project, SEMA Home. Through this project, we are setting out to build a complex of collective housing and mixed functions. The project stands out for its firm commitment to sustainability and community. The residential development – ​​SEMA Home, located in the southern area Sema Parc’s project, is planned to take place in several phases, of which the first one will start in the first quarter of next year.”

“Our mission remains the same, to reshape the city by transforming and remodeling the urban landscape in the central-western area of ​​the capital, through the sustainable development of our two large-scale projects – Sema Parc and The Light. We remain true to the same value system, such as: Authenticity, Courage, Pragmatism and Responsibility.”

“The slogan of our main project, Sema Parc – “In the heart of the community” represents more than a promise to take care of our team and our community of tenants, but also our responsibility for their well-being. “We are motivated to do good by doing better – both in service to others and in supporting causes that lead to positive change in our society. Driven by this desire to do good, this year we established the SEMA Foundation with the purpose of promoting and supporting a healthy lifestyle, both through preventive actions and through material interventions, psychological and emotional support.”- says Oana Rădulea, Managing Partner SEMA Real Estate.

New hubs on Bucharest map: InteRo announces 1 billion EUR new project at Obor

New hubs on Bucharest map: InteRo announces 1 billion EUR new project at Obor 1141 600 BUCHAREST REAL ESTATE CLUB


New hubs on Bucharest map: InteRo announces 1 billion EUR new project at Obor

InteRo Property Development starts construction works at its EUR 1 billion, green project SkyLight Residence in Obor area. Recently the Topolinski Family paid the final EUR 12.5 million owing and took full ownership of the plot valued at EUR 120 million.

SkyLight Residence is a 15-minute City Concept project that offers residents a healthy and convenient “Live, Eat, Work and Play” lifestyle with retail, commercial space, office buildings, schools (private schools, kindergartens, nurseries), premium fitness centers, business centers, event rooms, first rooftop infinity pools in the city, dog park, children playground, and outdoor running track.

This ground shaking large scale high-quality project with a total built area of 486,000 sqm is located within the Heart of Obor directly next to Veranda Mall and across from Piata Obor. It is located with very convenient access to all major public transportations in the area as the tram line is immediately outside of the project and Metro Obor is only 800 meters away.

“We are excited to launch our most iconic and ambitious project, a reflection of our family’s commitment to the sustainable development of Bucharest real estate. We designed SkyLight Residence as a green, energy-efficient project and, given its features and transformative potential, it was included in District 2 Mayor’s project to revitalize Gara Obor and the surrounding area. The Mayor’s visionary project financed by the World Bank is an example of intelligent development and our Family is happy to get on board and create additional value for the sustainable future of this neighborhood.” said Michael Topolinski, founder of InteRo Property Development.

Phase 1 will deliver 551 apartments within 7 buildings. As construction works will accelerate by the end of this year, InteRo Property Development plans to have the first residents occupy in 2027.

Learn more about SkyLight Residence and schedule an in-person meeting with the sales team by visiting: https://skylightresidence.ro

River Development appointed Ana-Maria Pascu as Leasing Manager

River Development appointed Ana-Maria Pascu as Leasing Manager 552 600 BUCHAREST REAL ESTATE CLUB


River Development appointed Ana-Maria Pascu as Leasing Manager

The local real estate developer and investor River Development announces the appointment of Ana-Maria Pascu to the position of Leasing Manager, starting September 2024.

Ana-Maria Pascu has been part of the River Development’s team for more than 20 years, as an Economist, with responsibilities in the department that manages the relationship with the community of clients in the mixed-use project, Sema Parc. The economic studies background combined with quickly developed analytical skills, effective communication, and in-depth understanding of the dynamic of the relationship with the clients, are some of the attributes that make her suitable for this role.

“Ana-Maria recently took over the role of Leasing Manager and in this new position she will oversee all leasing activities within the River Development portfolio, ensuring that our developments continue to achieve high occupancy rates and maintain their status as first-rank locations on the local market. We are confident that she will bring the leasing management to the same level of excellence as her counterparts in the real estate market. Consolidating River Development’s team with people who have many years of active work and dedication in the development process of our main projects, Sema Parc and The Light, as well as with people who bring „fresh air, is one of my business goals. – declares Oana Rădulea, Managing Partner River Development.

“I am honored to accept this new challenge and continue my professional journey with the role of Leasing Manager, within the River Development team. After a long period where I have had the opportunity to work closely with the team and understand the nuances of our business and portfolio, I am excited to bring my experience to the execution of our leasing strategies, contributing to the company’s continued growth and success.” – stated Ana-Maria Pascu, the new River Development’s Leasing Manager.

HILS Development announces significant investment in Green Homes Certification

HILS Development announces significant investment in Green Homes Certification 918 600 BUCHAREST REAL ESTATE CLUB


HILS Development announces significant investment in Green Homes Certification

HILS Development announces the pre-certification of Green Homes for the HILS Sunrise project, marking a first for the eastern area of Bucharest and an innovation in the company’s portfolio.

The total investment, amounting to 3 million euros, includes both the pre-certification costs and the investments in technologies and facilities necessary to comply with the Green Homes standard.

The Green Homes pre-certification attests that HILS Sunrise has a minimal impact on the environment and guarantees a high level of comfort for future residents. The project reduces energy consumption and gas emissions, uses less water, and generates fewer waste products. This contributes in the long term to combating climate change, protecting ecosystems, and conserving natural resources.

According to the Romania Green Building Council, owners of a Green Homes certified property can save 744 euros annually compared to a similar B-type home with an average area of approximately 70 sqm. This is due to a lower interest rate of approximately 9% for a green mortgage (4.75% per year compared to 5.25% per year for a home without a Green Homes certificate) and reduced energy consumption costs, which can drop to just 33 euros per month.

The project, located on Theodor Pallady boulevard, revitalizes a former industrial site and brings innovations in the use of renewable energy, facilities for electric vehicles, and bicycle storage spaces, measures to reduce the heat island effect, and efficient irrigation and recycling solutions.

The construction materials have a low volatile organic compound content, ensuring a healthy environment for residents. Ground-floor apartments feature private gardens, and advanced energy monitoring systems keep monthly costs affordable. With quick access to the Anghel Saligny metro station and proximity to shopping and educational facilities, HILS Sunrise offers an ideal balance between urban living and green spaces.