"All our future developments will remain in our investment portfolio".

Ion Radulea

Sema Parc, a high-end project in the semi-central areas of Bucharest, is a really vast development. With its unique qualities and remarkable dimensions, this probably is the only real estate project in Bucharest that can compete with Baneasa. The more that two of the office buildings are already sold for some EUR 90 mln to Europolis Real Estate Asset Management GmbH, which is actually the third largest real estate transaction in Romania for 2006. Moreover, ECE Projektmanagement will be developer of the commercial area. Ion Radulea, Chairman of River Invest SA - general developer of Sema Parc, has agreed to talk with PropertyXpress about a number of interesting issues with regard to the Sema Parc project such as: How the whole thing got started? Why the relocation of Semanatoarea plant was inevitable? What is the competitive advantage of the project’s office area? Are River Invest going to enter negotiations for the sale of the other office projects or their plan is different? Who is going to operate the 4-star hotel? In this interview you can read the answers of the man without whom the Sema Parc project would not have been possible.


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