Inspiring stories: Geo Margescu, founder of Forte Partners

The founder of Forte Partners, Geo Margescu, has remained committed to developing projects that create standards in the property market, but will also leave a legacy for Bucharest. Up to now, the developer has done business in the Romanian capital, but investments in other cities might follow.

This reflects Margescu’s strategy of constantly working to master a market before moving ahead. His company built its brand in the office market, but after doing some exploratory investments in the luxury housing segment, he kicked off a massive residential project in north Bucharest worth close to EUR 40 million. In this project, the green area will cover 50 percent of the residential complex. “Last year marked new milestones for our team, in terms of portfolio expansion and team cohesion. We continued our commitment to creating new destinations in Bucharest for quality office and residential spaces,” Margescu told BR.

Last year the company delivered the first phase of The Bridge office building with record leasing contracts adding up to 30,000 sqm. Once the second phase is completed, the overall value of the project will stand at EUR 145 million. Margescu’s interest in the real estate sector is not limited to his company. He is one of the founding members of the Association of Real Estate Developers (AREI), created in 2017. The association aims to improve the built environment and future development of the real estate market.