Teodor Pop leaves RED for Lux Perennial Private Equity Partners

Newsroom 08/03/2010 | 14:29

Property professional Teodor Pop has left real estate developer RED, where he has worked as managing partner for the last four and a half years, to take up the same position at Lux Perennial Private Equity Partners, Business Review has learned.

Lux Perennial is a new venture created in 2010 with Romanian shareholders.

The company invests in real estate, with two residential projects in Bucharest, a 2,000-home satellite town and a 250-apartment project in the south-west of the capital. Outside residential, the firm is an investor in logistics, with a minority participation in a fast moving consumer goods distribution company. It is also a minority shareholder in an industrial construction materials firm and a majority shareholder in a hospital.