This collaborative effort represents one of the most notable achievements in Romania’s real estate sector in 2024, both in terms of land value and strategic importance. This site has the potential to develop into a significant reconversion project that will play a pivotal role in the transformation of the former industrial area in Bucharest’s 6th district, reinvigorating the surrounding urband landscape.

Emilian Podaru, MRICS, Head of Industrial & Logistics: “This is the result of two years of planning and consultancy by Crosspoint Real Estate’s industrial and land teams, who have demonstrated remarkable commitment and valuable expertise throughout the process. I would like to thank our dedicated colleagues from Savills Spain for their support and involvement“.

Ionut Stan, Partner, Land Development: ”Bucharest needs to keep up to date with the demands and dynamics of the 21st century, and this transaction opens the way to a sustainable and balanced development, symbolizing at the same time our commitment to build an urban environment in line with current and future needs.”.