The Central District 4 Elements real estate project, developed by Forty Management is entirely sold and leased

Forty Management, one of the main promoters of green real estate and urban reconversion projects, announces the signing of the rental agreement for the last commercial space available within the Central District 4 Elements project, located in the Titan district. The 1,000 square meter space is taken over by the Stay Fit Gym fitness centre.

„The opening of a new property in the Central District 4 Elements supports our concept of “affordable luxury”, meaning a high quality standard of living at an affordable price. Central District 4 Elements offers its residents unique facilities such as a running track at the top of the building, an entertainment area equipped with an open-air cinema and a summer kitchen, a green zone of boardwalk, retail space and now a state-of-the-art wellness center. and fitness, with a positive impact on the whole community,” says Mihai Corodeanu, Sales Director Forty Management.

The Central District 4 Elements mixed-use development was completed by Forty Management last year. The project consists of 200 apartments and 2,000 m² of commercial space, near the Titan park.

“With the opening of the Stay Fit Gym fitness center located in the Central District 4 Elements, we are strengthening our position in Bucharest, where we expect to reach a number of ten locations this year. The next two units will be opened in Pitesti, the first major city in the country with which we are starting our expansion. By the end of this year, we expect to have over 20 fitness centers in our portfolio,” says Marius PreodisteanuFounder and development manager of Stay Fit Gym.

“Central District 4 Elements is an example of good practice in real estate, and the fact that it has been fully sold and leased in such a short time proves its durability in the market. Demand for this project is so high that the sales prices have increased by more than 50% in the last 6 months”, explains Lucian AzoițeiCEO of Forty Management.

The Stay Fit Gym rental process has benefited from the legal support of Stratulat Albulescu Attorneys Law.

Forty Management is a real estate company that develops mixed-use projects under the Central District brand. Forty Management’s portfolio includes: Central District Polonă 25, Central District Cuza 99, Central District 4 Elements, Central District Viitorului 134, Central District Lagoon City and Central District Royal Suites, completed and ongoing projects.

Comments are closed.