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Home Developments – Romania

Developments – Romania

Baia Mare Bakery (mixed use)

Baia Mare BakeryLocated in the north of Romania not far from the Ukrainian border this site is circa 10 Ha and has a PUZ for the construction of residential, commercial and leisure accommodation of over 140,000 sqm.

Nigel Bell has provided a wide range of development management and asset management services to this client including master planning on the range of uses and dimensions of commercial and residential accommodation, development appraisals and marketing. In addition, PM Services manages the site on a day to day basis from utility connections to scrap metal removal and security contracts.


Titu, Salcuta (Residential)


Titu SalcutaA client of Property Management Services owns significant land in Titu to the north west of Bucharest almost immediately opposite the new €166m Renault research and development facility.

Prior to setting up PM Services Nigel Bell was involved in the master planning of a large residential and mixed use development site along with the preparation of the marketing strategy. Latterly, PM Services has provided asset management services to the clients from investor site visits to liaison with the city hall.



Mogosoaia (Residential & Leisure)

Mogosoaia CGI Courtyard

Mogosoaia CGI Courtyard

Located a short drive to the north west of Bucahrest and within easy commuting distance This is a 5.6 Ha site which has a PUZ in place for almost 1200 new homes and anciliary commercial accommodation.

Nigel Bell has provided commercial advice on this site for almost four years from the preparation of development appraisals and phasing through to marketing. PM Services has latterly been involved in some day to day asset management issues.



Ploiesti City Centre (Mixed use)

ploiesti_centerThis is a 3.7 ha site in the City Centre that has a PUZ for approximately 86,000 sqm of commercial and residential accommodation and a building permit for phase one which is expected to commence in 2012.

Nigel Bell has been involved in the development process from master planning to permitting and from marketing to sales. PM Services is currently actively involved in the asset management of this site on a day to day basis.



Ploiesti Retail Park (Retail Warehousing and Mall)

RO - Ploiesti Retail Park FrontageThis is a 10 ha site with a planning consent for a shopping centre of more than 80,000 sqm.

PM Services has provided advice to this client on tenant mix, demand and supply, marketing and development phasing.



Transylvania Resort and Country Club (Residential & Leisure)

RO - Santana Birds Eye View Phase 1Situated only 12 minutes by car from the beautiful historic city of Targu Mures the PUZ for the Transylvania Resoort and Country Club covers an area of almost 300 Ha. The development comprises of a gold course driving range villas leisure and commercial accommodation and construction uis expected to commence in the summer 2012.

Nigel Bell has been involved in this project for more than three years from detailed design to permitting and marketing. This included establishing an office and showroom in the city centre. Interest in the development from both local and overseas purchasers has been strong and on completion the golf course will be one of the first 18 hole courses in Romania.


Black Sea Coast – Holiday Resort (Residential & Leisure)

Vama Veche BeachPM Services has been responsible for producing a feasibility report for the development of a modern high quality yet affordable holiday resort on the Black Sea Coast on behalf of an overseas investment fund. It is anticipated that PM Services will be responsible for the implementation of development in 2013 with a view to the resort being fully operational by May 2014.




List of clients

Adalmont Developments SRL
Alchemy Development Management SRL
Blackpearl Real Estate LLP
Gold Developments SPV SRL
Irish Town Development SRL
Mayfair Real Estate SRL
Pamteck Development SRL
Platinum Development SRL
Romanian Eagle Land Fund
Santana Residential Park SRL
Sapphire Capital Partners SRL
Sintana Resorts SRL