The Association of Real Estate Investors in Romania (AREI) has elected Geo Margescu, the co-founder & CEO of Forte Partners, as the new AREI President, and Doron Klein, the group deputy CEO of AFI & CEO of AFI Romania, as VP of the association.
AREI gathers real estate investors in Romania across the residential, office, retail and logistics sectors. Its members are developing large-scale investment projects worth billions of euros, in all major Romanian cities, from Bucharest, Cluj-Napoca, Iasi, Constanta, Brasov and Timisoara to Craiova and many more.
The priorities of the new AREI leadership include tools that widen access to real estate investment and the capital market, solutions that make quality housing more accessible, and urban planning and permitting procedures that are clearer, faster and more predictable for everyone involved, the association said.
“Over the next four years, I intend to strengthen the community of professionals active in real estate development in Romania by retaining and growing our membership, to continue a structured dialogue with authorities and civil society on matters of common interest and, most importantly to me, to make sure that the voice of every member is heard and represented,” Geo Margescu, the president of AREI, said.
“Real estate investment is a long-term commitment to a country and its cities. As industry leaders, we have a responsibility to look beyond individual projects and help create the conditions for sustained investment and responsible development. Romania has significant potential, and unlocking it requires confidence in the rules, consistency in their application and a shared vision for growth. Through AREI, I want to bring an investor’s perspective to these priorities and help turn our collective experience into practical proposals that deliver lasting economic and urban value,” Doron Klein, VP of AREI, said.
Leave a Reply