InteRo Property Development, owned by Canadian Topolinski investors family, diversifies activities by establishing an investment division, as part of its long-term strategy to consolidate its presence in Romania and bring new, high-quality real estate projects to a developing, promising market.
The Investment arm – InteRo Property Development Investment Group will support both InteRo’s ongoing and future projects.
“We have already signed our first global partner, who made an investment for almost 20% of the exclusive, soon to be finalized project Northlight Residence,” said Michael Topolinski, founder of InteRo.
InteRo Property Development’s developing portfolio in Bucharest includes:
NorthLight Residence: Located in the middle of nature in North-East Bucharest, the project spans 13,000 sqm and includes a total of 110 apartments. Currently in the last stages of development, it will be finalized over the next few weeks.
SkyLight Residence: Situated in the central part of the City (Obor area), the 10-hectares mixed-use project will provide upon its completion a total of 100,000 sqm office space and 270,000 sqm of residential.
Bucurestii Noi: project that will be developed on a 5-hectare plot connected to the Jiului Metro station. As an integrated project, it will consist of 7 office buildings totaling 197,000 sqm (93,000 sqm to be developed by Skanska Property Romania, and the rest by InteRo).