Redport and Mobexpert have officially launched Infinity Nord, a 1,200-unit residential project near Petrom City. Auchan and World Class have leased 95% of the retail space in the first phase, which is set to break ground in the coming days.
Northern Bucharest has a new residential hub centered around the Petrom City office campus, in the Străuleşti–Dămăroaia area. Developer Redport, founded by Cosmin Savu-Cristescu, and Mobexpert, the furniture retailer founded by Dan Şucu, who is the majority shareholder in the project, have officially launched Infinity Nord, a three-phase development of approximately 1,200 homes, on a 4.6-hectare site purchased from OMV Petrom. It is the largest project in Redport’s portfolio, positioned in the affordable luxury segment and designed by the Italian architecture firm Design International.
REDPORT and DAN ȘUCU officially launch INFINITY NORD, one of the most significant urban developments in the New North of the capital
REDPORT and DAN ȘUCU have officially launched INFINITY NORD, a large-scale residential development that will help transform the Străulești and Dămăroaia area into a new urban hub for the capital, according to a press release.
Located on a site of over 4.6 hectares, adjacent to the Petrom City area, INFINITY NORD is the largest project in REDPORT’s portfolio and one of the most significant residential developments currently underway in Bucharest.
INFINITY NORD will include approximately 1,200 residential units developed in three successive phases, along with an extensive array of retail, service, wellness, and community spaces. The project was designed as a mixed-use development, where residents will have quick access to the services and amenities needed for daily life.
Dan Șucu is joining a project involving 1,200 housing units in Bucharest. The project includes semi-furnished apartments, retail space, and wellness facilities in the Străulești-Dămăroaia area.
Businessman Dan Șucu, the founder of Mobexpert, is the majority shareholder in a real estate project comprising approximately 1,200 homes, which will be developed in the Străulești-Dămăroaia area of Bucharest, in partnership with the developer REDPORT.
The project, called Infinity Nord, will be built on a site of over 4.6 hectares, adjacent to the Petrom City area. The residential units will be developed in three phases, and the complex will also include retail space, services, wellness facilities, and community areas.
Infinity Nord is the largest project in REDPORT's portfolio, according to the company.
REDPORT and DAN ȘUCU officially launch INFINITY NORD, one of the most significant urban developments in the New North of the capital
REDPORT and DAN ȘUCU have officially launched INFINITY NORD, a large-scale residential development that will help transform the Străulești and Dămăroaia area into a new urban hub for the capital. The launch event took place at UNDA in Bucharest, attended by approximately 250 people, including business leaders, banking representatives, architects, designers, partners, investors, and members of the press.
Bucharest needs new housing. However, the problem isn’t just the number of units
A housing stock built largely in the second half of the last century, energy and comfort standards that have changed radically, and a new supply that is not growing fast enough across all segments are once again bringing the housing crisis in Bucharest into sharp focus. Against this backdrop, REDPORT and Dan Șucu have launched INFINITY NORD, a project comprising approximately 1,200 homes in the Străulești–Dămăroaia area. Casa Magazin spoke exclusively with the founder of the Romanian real estate development group, Cosmin Savu-Cristescu, about the project, the residential market, and the capital’s need for new housing.
Dan Șucu is embarking on a large-scale residential project: 1,200 homes on 4.6 hectares in Străulești
REDPORT and Dan Șucu have officially launched INFINITY NORD, a large-scale residential project located in the Străulești-Dămăroaia area, adjacent to Petrom City. The development will include approximately 1,200 homes built in three phases on a site of over 4.6 hectares, along with retail, service, wellness, and community facilities.
Infinity Nord, a new residential project in the capital
Redport and businessman Dan Şucu launched yesterday, in the presence of 250 people, businesspeople, banking representatives, architects, designers, partners, investors, and members of the press, a new residential project to be developed in the northern part of the capital.
Infinity Nord is set to contribute to the transformation of the Străuleşti and Dămăroaia area into a new urban hub. Located on a site spanning over 4.6 hectares, adjacent to the Petrom City area, Infinity Nord will be the largest project in Redport’s portfolio and one of the most significant residential investments currently under development in Bucharest.
Străulești Could Become the New North of Bucharest
Real estate developer Redport took nearly three years to obtain the urban planning documentation and the first building permit for the 46-hectare project in the Străulești-Dămăroaia area, following the acquisition of the land from OMV Petrom in 2022. The first phase of the development is scheduled to begin in 2026. Redport and Dan Șucu officially launched…
Bogdan Gubandru, COO, Redport: “Our goal for 2036 is to become an investment platform for institutional investors—including pension funds and family offices—as well as retail investors, and to reach a market capitalization of over 1 billion euros.”
Redport’s goal for 2036 is to become an investment platform for institutional investors, pension funds, and family offices, as well as retail investors, and to reach a market capitalization of over 1 billion euros, said Bogdan Gubandru, COO, Redport, at the ZF Office & Residential Summit 2026 conference
The capital city, undergoing urban transformation—a project supported by Redport. Bogdan Gubandru, COO: A 7% return on a solid project can be more valuable than a 9% return on an uncertain project.
The residential market in Bucharest has entered a phase in which the buyer-investor is no longer the same as he was a few years ago. Whereas in the past, decisions were based on two factors—the purchase price and an estimated rent upon project completion—today the equation includes net yield, management costs, vacancy risk, tenant profile, resale liquidity, and the area’s development. It is a shift that Redport—a developer with a development portfolio worth over 450 million euros—sees firsthand in its discussions with clients.
“Ready-to-move-in homes are becoming the new benchmark in the residential market”
Redport and Mobexpert are launching REDPORT Living, a residential concept that offers buyers integrated furnishing and interior design solutions tailored to each project in Redport’s portfolio.
Decision-Making Strategy | Cosmin Savu-Cristescu, CEO of REDPORT: Large projects require a steady and appropriate pace
A good decision isn’t measured solely by immediate results. For Cosmin Savu-Cristescu, CEO and Founder of REDPORT, a passion for golf means discipline and self-control, but it also influences how he considers the long-term effects of his decisions. Every shot requires an assessment of the course, the distance, and the risk, and the position from which he will continue the game is part of the same strategy.
REDPORT defines itself as an “urban renovator,” not a traditional developer, and works on large tracts of land in phases, incorporating infrastructure, green spaces, and integrated retail. The Straulesti-Damaroaia area is becoming the capital’s “New North,” with a development site of over 60,000 square meters for Infinity Nord
The company aims to list on the main market of the Bucharest Stock Exchange during the 2027–2028 period. Its portfolio under development exceeds 450 million euros, and the stated goal is to reach the 1 billion euro mark in two and a half years (The article can be found on pages 12–13).
ZF Real Estate by Storia. REDPORT is focusing on homes that are nearly ready for occupancy and is preparing a new €100 million project in the northern part of the capital
♦ Residential developer REDPORT, in partnership with Mobexpert, will deliver over 350 apartments that are nearly move-in ready, with fully furnished and equipped kitchens included in the price ♦ The company is preparing to announce a new project worth approximately 100 million euros in northern Bucharest ♦ The developer has nearly 1,000 authorized units across its existing projects and estimates that the semi-furnished housing model will become the new standard in the residential market ♦ The first apartments in the Vitality Est project, where studio apartments start at 96,000 euros plus VAT, will be delivered in March 2027.
The capital city, undergoing urban transformation—a project supported by REDPORT. Bogdan Gubandru, COO: “Rent and interest can offer similar returns as a percentage of the amount invested, but at maturity, the differences can be significant. The value of an apartment can appreciate, whereas money invested in securities does not appreciate.”
♦ A two-bedroom apartment in The Level Apartments II rents for about 750 euros per month, offering a gross yield of 5.6–6.9%, comparable to the 6.25–7.25% interest rates on Tezaur bonds ♦ The difference lies in appreciation: two-bedroom apartments in The Level Apartments III have appreciated by 18.5–23% compared to their initial average sale price ♦ Relative to the down payment, the return on equity can exceed 100% by the time the project is completed ♦ With inflation at 10.9% in May, the real return on fixed-rate interest is currently negative.
REDPORT and Mobexpert are launching REDPORT Living, a concept under which apartments are delivered with a fully equipped and furnished “made in Romania” kitchen, included in the price
Real estate developer REDPORT and furniture retailer Mobexpert have launched REDPORT Living, a program through which homebuyers in REDPORT projects receive integrated furniture and interior design solutions tailored to each development—ranging from fully equipped kitchens to walk-in closets included in the sale price.
The capital, undergoing urban transformation—a project supported by REDPORT. REDPORT leased 75 units in the first four months of 2026, nearly three times as many as last year. Cosmin Savu Cristescu, founder: “REDPORT’s strategy continues to be validated by the market.”
♦ In the first four months of 2026, the developer REDPORT sold three times as many homes as in the same period last year, while the Bucharest residential market declined by 18% according to ANCPI data ♦ August 2025 was the best month in the company’s history ♦ Vitality Est, a project developed in partnership with entrepreneur Dan Şucu, accounted for approximately 40% of REDPORT’s commercial growth, bringing the company’s portfolio to over 450 million euros.
How the VAT increase on new homes has changed the real estate market. “People are paying closer attention to the quality of the project and the developer’s reputation.”
The increase in the VAT rate for new homes from 9% to 21% has significantly altered the real estate market in Romania, at a time when the residential sector was already being affected by inflation, high interest rates, and high construction costs. Experts consulted by “Adevărul” say that the tax measure has led to a slowdown in transactions and a shift in buyer behavior, as buyers are analyzing their purchases more carefully and placing increasing emphasis on the quality of projects, the reliability of developers, and the long-term value of their investments.
The capital, in urban transformation, a project supported by REDPORT. Mix of residential with retail, leisure and hospitality yields above market average
Redport has reached a portfolio with a Gross Development Value (GDV) of over €450 million and is betting on the combination of residential, retail, leisure and hospitality to deliver above average returns.
The largest project in the pipeline, Infinity Nord, developed on over 60,000 sqm in the Dămăroaia-Străulești area, has already signed pre-leases with Auchan and World Class, while the company is preparing the way for its 2028 IPO.
Bogdan Gubandru, COO, Redport: We set out with the idea of becoming an urban innovator. The Dămăroaia area was the first point of interest for us
Bogdan Gubandru, COO of Redport, says that in the Dămăroaia area he identified the need to intervene on a large scale, which has all the conditions to develop infrastructure, large green areas, lakes, schools. and the choice came naturally.
Real estate developer Redport launches new phase of The Level Apartments project in Bucharest
Redport announces the launch of Phase IV of The Level Apartments residential project, a milestone that marks the completion of the development built in four phases in the Străulești – Petrom City area, one of the most dynamic residential zones in northern Bucharest.
Redport secures €9 million financing for the development of the Vitality Est residential project in Bucharest
The real estate developer Redport has contracted a financing of approximately 9 million euro from Intesa Sanpaolo Bank Romania for the development of the residential project Vitality Est, located in the east of the capital, according to an announcement by the company.
The real estate developer Redport has set up an advisory board that includes Florin Cîțu, a former prime minister, and an executive who has attracted more than $20 billion in financing. euros to Aroundtown, Globalworth’s main shareholder
The real estate developer Redport, founded by Cosmin Savu Cristescu, has announced the establishment of an advisory board, a non-executive structure to support the company in scaling and preparing for future access to capital markets.
REDPORT projects integrate generous green spaces, ground-floor retail facilities and dedicated infrastructure, providing residents with access to services and recreational areas within the same development, in line with the coherent urban development model.
he Romanian real estate market was marked for decades by speculative-fragmented developments, where investors bought small lots, built isolated blocks and disappeared from the landscape. REDPORT, the company founded in 2016 by entrepreneur Cosmin Savu-Cristescu, proposes a model of urban renewal on large tracts of land, with integrated projects that include retail facilities, green spaces and infrastructure donated to the municipality.
Bucharest 150 years ago and Bucharest today. How Redport is trying to change the face of neglected areas in the east and north of the capital
With over 2,000 units in the works and a strategic partnership with businessman Dan Șucu and Mobexpert, Redport approaches real estate development through the prism of sustainability, quality construction and respect for the urban specificity. The company is focusing on the north-west and east of Bucharest as priority areas for expansion.
REDPORT Development aims for institutional growth as Vitality project gains momentum
REDPORT Development is deepening its position in Bucharest's residential market while setting its sights on becoming a fully fledged institutional housing platform in the coming years. Following the completion of its first private placement earlier this year, the developer is preparing a second round before year-end to broaden its shareholder base and prepare for a potential stock-exchange listing between 2027 and 2028, possibly in Bucharest and on a secondary European exchange.
Real estate developer Redport grew 25% and secured sales of €50m in the first 10 months of 2025
The Redport group of companies, active in the construction and real estate development sector, recorded pre-sales of homes and pre-lettings totaling €50 million in the first ten months of this year, up 25% compared to the same period last year.
Redport management changes. The real estate developer with major projects in the north of the capital brings Sorin Ioan Blaga, former CEO of Liebrecht & wooD, to the team
Redport, one of the leading real estate developers in Bucharest, appoints Sorin Ioan Blaga as Chief Commercial Officer (CCO) of the company. He will be primarily responsible for coordinating the commercial direction of the company, defining and implementing the marketing and sales strategy for current and future projects, as well as strengthening relationships with strategic partners and investors.
Bogdan Gubandru on REDPORT’s €50M Vitality Project and Bucharest’s Changing Market
In a CIJ EUROPE Q&A, Bogdan Gubandru, Chief Operating Officer of REDPORT, discusses the company's latest investment - Vitality, a €50 million residential project in Sector 3 of Bucharest. The launch comes at a time when Romania's capital is witnessing sustained price growth despite a visible slowdown in transaction volumes and tightening financial conditions.
REDPORT brings to Romania the only elite amateur golf circuit
The REDPORT Elite Series 2025 concluded this weekend, after a spectacular five-round journey held between May and September on two of Romania's most prestigious golf courses: Bucharest Golf Club and National Golf & Country Club.
Codin Filip is the grand finalist of the golf circuit, Emil Goța placed second, and Marius Călugăru completed the podium in third place.
Bogdan Gubandru, COO, REDPORT: We aim to list on the stock exchange in 2027-2028 to be more accessible to institutional investors
Real estate developer Redport will run a private placement in Q4 2025 to attract institutional investors to finance real estate projects, and in 2027-2028 aims to list on the stock exchange.
Surprise move on the real estate market: the man behind some of Bucharest’s hottest new projects is coming to REDPORT to design future developments
REDPORT strengthens its top team by appointing architect Adrian Arendt as Chief Design Officer (CDO). With more than two decades of experience and an impressive portfolio of projects - from international airports and cultural centers to residential developments and office buildings - Arendt will be tasked with defining the company's design vision and integrating innovation and sustainability into all REDPORT real estate developments.
FC Rapid announces a strategic sponsorship agreement with REDPORT for the 2025-2026 season
FC Rapid and REDPORT join forces to bring performance and community spirit to the forefront, announcing a strategic partnership for the 2025-2026 season.
ZF Real Estate by Storia. Cosmin Savu-Cristescu, CEO, Redport: House prices can only go up. In the next decade, the capital will be in line with the major European cities in terms of housing prices, with values up to three times higher than today
"Prices can only go up. Material and labor costs are constantly rising, and once they reach a level, they don't go down. Bucharest remains the main magnet for Romania's working population, and the need for modern housing is constant," describes Cosmin Savu-Cristescu, CEO of Redport, his outlook for the residential market going forward.
REDPORT and Dan Șucu inaugurate the official VITALITY EST showroom and announce the start of works on the construction site of the newest residential project in their portfolio
REDPORT, the Romanian real estate developer, announces the opening of the VITALITY EST showroom and also marks the beginning of works on the residential project in the area of Parcului and Pantelimon Lake.
<br>With an investment of 50 million euro, VITALITY EST includes 500 apartments and 400 square meters of commercial space on a 27,000 square meter site. The project emphasizes quality, functionality and sustainability, offering a modern community connected to nature.
The Infinity Nord project is taking shape in the New North of the Capital: It has a PUD and 60% of the apartments in the first phase are sold, 95% of the commercial spaces leased. The project is counting on premium amenities and proximity to top schools
The project, realized by Redport in partnership with entrepreneur Dan Șucu, is already attracting significant market interest: 60% of the apartments in Phase I are already sold in the pre-sales phase and 95% of the commercial spaces are contracted.
Cosmin Savu-Cristescu, after launching a new investment with Dan Șucu: It is an opportune moment for new real estate projects
The imbalance between supply and demand on the housing market, the decreasing number of new projects currently under construction on the market, but also the pressure that is put on housing prices in this context, makes this an opportune time to start new real estate projects, according to Cosmin Savu-Cristescu, founder and CEO of real estate developer Redport Capital.
CEO’s Gala: Who’s being honored for getting through tough times
This year's edition of the CEO's Gala took place on May 29 and gathered together those Romanian leaders who have shown that they know how to go through difficult times, unpredictable periods, with their heads held high, with solutions and intelligence, and show that problems can mean opportunities. At the "CEO's Gala - Success in Times of Uncertainty", Wall-Street.ro promoted an inspirational message and we gained valuable business lessons and advice for the times we are going through.
Cosmin Savu-Cristescu, after launching a new investment with Dan Șucu: It is an opportune moment for new real estate projects
The imbalance between supply and demand on the housing market, the decreasing number of new projects currently under construction on the market, but also the pressure that is put on housing prices in this context, makes this an opportune time to start new real estate projects, according to Cosmin Savu-Cristescu, founder and CEO of real estate developer Redport Capital.
Dan Șucu’s eldest son goes into business alongside his father
Dan-Matei Șucu was co-opted into the company Redport Properties Safir through a capital increase, as a result of which Dan Șucu (62 years old) remained with 50% of the shares, the real estate developer Redport with 40% of the shares, and the new partner took 10% of the shares.
Redport accelerates its real estate portfolio in Bucharest: over 2,000 homes planned by 2028
Redport, a company active in the development of residential projects in Bucharest, announces for the period 2024-2028 a sustained schedule of deliveries and launches in three major projects: The Level Apartments, Vitality Est and Infinity Nord.
<br>More than 2,000 apartments are planned in these developments, with phased deliveries and substantial investments backed by a mix of bank financing and own resources.
Dan Șucu, the founder of Mobexpert, together with REDPORT, is launching a real estate development project near Pantelimon Park and Lake, with 500 apartments, an investment of 50 mil. euro
The real estate developer REDPORT and businessman Dan Șucu, founder of Mobexpert, are launching a residential project with 500 apartments, VITALITY EST, near Pantelimon Park and Lake Pantelimon, a 50 million euro investment.
Redport: The customer who wants a new apartment wants to access a fully integrated lifestyle, not just a simple real estate
The facilities in the complex, but especially those in the neighborhood, along with proximity to shopping malls and office centers are the most sought after when it comes to buying a new apartment, explain the representatives of Redport, one of the leading residential developers in Bucharest, which is building The Level project in the Străulești - Petrom City area.
40 top business representatives responded to our invitation to mark the most important events of 2024 for their company and their field and share their expectations for the year that starts now. Read their responses in the pages that follow, as well as in the next edition of the magazine.
Cosmin Savu-Cristescu (Redport): “We reached record transactions of over 200 million lei by October, almost double the entire previous year, 2023”
Forbes Romania invited some of the most important managers and entrepreneurs to answer a short questionnaire in a complicated moment from all points of view: economic, social, and geopolitical. Because in the end, despite the difficulties, business and life lessons remain.
ZF Real Estate by Storia. Bogdan Gubandru, chief operations officer, Redport: “In 2024, we have doubled our sales compared to last year, reaching €40m.” Bureaucratic bottlenecks, especially in obtaining permits, are still a major challenge for the real estate market
"Our ongoing investments exceed hundreds of millions of euros for the next six to seven years. Starting in 2025, we will accelerate the pace even further, focusing on portfolio diversification and expansion outside Bucharest," said Bogdan Gubandru, Redport's chief operations officer, in the latest edition of ZF Real Estate by Storia.
Redport achieved housing pre-sales and pre-lettings totaling over €40 million, double the full year 2023 performance
Redport, one of the leading real estate developers in Bucharest, realized pre-sales and pre-leases totaling more than 200 million Lei (about 40 million Euro), a level almost double the full year 2023 performance.
What is the New North of Bucharest? The Străulești – Dămăroaia area is booming
In a city that is looking for solutions to develop as harmoniously as possible, former industrial areas or areas left in disrepair are being reconverted and developed through projects that take care of both the local architecture and the sustainability for the future of the new communities.
We spoke to Cosmin Savu-Cristescu, CEO and founder of Redport to find out what is the New North of Bucharest and why this area has not been exploited until now.
Redport launches its own contractor company, Redport Contractor
In order to control the cost, time and quality of the work, local real estate developer Redport has created its own general contracting company: Redport Contractor.
Redport Capital starts the construction of Phase III of The Level Apartments project, an investment of 13 mil. euro
Redport Capital, one of the most active local residential developers, active in the North of Bucharest and investing in the Dămăroaia - Străulești area, has started the works on the third phase of The Level Apartments project, following the construction authorization. It will include 105 apartments to be built with an investment of €13 million.
Redport Capital announces new Group CFO: Oriol Casellas Deig
Redport Capital Group, founded in 2016 by Cosmin Savu-Cristescu and specialized in construction, investment, development and real estate project management, announces the appointment of Oriol Casellas as Chief Financial Officer.
What stage is the over €150m real estate project at? euro developed by Dan Șucu and Savu-Cristescu
The company Redport Capital, founded by Cosmin Savu-Cristescu, is developing, in partnership with Mobexpert, Dan Șucu's company, a real estate project in the north of the capital, on a plot of land acquired from Petrom, and construction work should start this year.
CEO Hobby. Cosmin Savu-Cristescu, managing partner, Redport Capital: “Golf is about ethics and integrity, manners and decorum, principles that apply equally well in the business environment”
Respecting your partners and the rules imposed by the environment (be it the golf course or the business environment) and, "perhaps most importantly, being fair both to yourself and to those with whom you interact", Cosmin Savu-Cristescu, managing partner, Redport Capital, points out the essential rules on the golf course and in the business sphere.
Redport Capital announces a turnover of over 100 million Lei in 2023
The Redport Capital Group, founded in 2016 by Cosmin Savu-Cristescu, announces a turnover of over 100 million Lei for the year 2023, according to a Redport Capital press release.
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