Satul German
Nhood, an international real estate solutions provider supporting clients through an integrated service platform, has become a new partner of Regata Imobiliare, the developer of the Satul German urban project in Chișinău. Both companies announced this in a press release.
As part of this collaboration, Nhood will contribute to the development of the future Satul German commercial district through comprehensive services in the areas of property development, lettings, property management and asset management, supporting its long-term efficiency and appeal.
This project is one of the most complex property investment projects in the Republic of Moldova. Conceived as a micro-city, built from scratch and developed around the concept of the ‘15-minute city’, it focuses on quality of life, sustainable development, renewable energy sources and European standards of design and comfort. The future district comprises 48 blocks of flats, townhouses and detached houses, green spaces and supporting infrastructure, such as a hospital, educational facilities, a multi-purpose sports complex, the National Tennis Centre and an Ibis hotel. At the same time, around 30,000 square metres of land has been set aside for commercial use. According to preliminary estimates, the entire project will be completed in 2028 and will be home to around 10,000 residents.
“From the very beginning, Satul German was conceived as a neighbourhood where people would have practically everything they need for a comfortable life. The commercial component is a natural part of this concept. Together with Nhood, we want to create a centre that will meet everyday needs whilst also serving as a meeting place for local residents,” said Ceslav Ciuhrii, founder of Regata Imobiliare.
Nhood’s role
Nhood will develop the concept for the retail component and the commercial complex, define a letting strategy tailored to the project and the profile of the future residential complex, and help attract suitable international and local brands. Through its property and asset management services, Nhood will help optimise operating costs and support investment decisions.
“Our involvement in the project began with defining the concept and continues through the development phase of the retail component. This is where our team’s multidisciplinary expertise comes into play: understanding the needs of the community that will form around the project and translating those needs into a retail mix that is attractive to brands and sustainable for the operator. This comprehensive approach enables us to make decisions now that will contribute to the project’s long-term efficiency and sustainability,” said Bogdan Aldea, Head of Business Development at Nhood.
“In a neighbourhood built from scratch, the commercial area must be designed with an eye to how the community will evolve over time. This means taking into account how the premises will be used, the needs of operators and changes in consumer behaviour, so that the offering remains relevant as the neighbourhood develops. Drawing on our accumulated experience, our team takes a holistic approach to these decisions, considering both the needs of the community and commercial and operational requirements, so that the neighbourhood can function effectively and remain relevant as the community develops,” — added Mihaela Petruescu, Director of Property Services for Romania and Poland at Nhood.
Nhood is an international provider of property solutions, actively involved in urban regeneration. The company supports property owners, public authorities and investors in the sustainable transformation of assets and spaces through an integrated service platform.
More about both companies
As an integrator of expert knowledge, Nhood is involved in real estate projects at every stage, from strategy to operations: consultancy, design concept development, property development, the creation of spaces and communities, operational management and asset value growth. The company’s 1,500 employees manage assets worth €17.3 billion across nearly 1,000 properties in Europe and Africa for more than 300 clients. The company develops mixed-use, value-added projects tailored to local dynamics, combining retail, residential, office, leisure and hospitality spaces, digital infrastructure and new forms of urban use.
Regata Imobiliare is a construction company from the Republic of Moldova specialising in the development of the Satul German (German Village) district. The company’s portfolio includes the development of Kaufland Moldova’s first commercial and logistics projects on the local market, as well as a number of commercial, HoReCa and hotel projects in Chișinău. Regata Imobiliare was founded by businessman Ceslav Ciuhrii, an entrepreneur with diverse business interests in the Republic of Moldova and Romania in sectors such as property, HoReCa and the pharmaceutical industry. A significant part of his business is linked to the pharmaceutical sector. Ceslav Ciuhrii is the founder of Newtone Laboratories in Romania, a company specialising in the research and manufacture of pharmaceutical products.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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