Nhood, an international real estate solutions operator supporting clients through an integrated services platform, is the new partner of Regata Imobiliare, the developer of Satul German, the urban development project in the Republic of Moldova. Under their mandate, Nhood will contribute to the development of Satul German’s future commercial area through integrated Development, Leasing, Property Management and Asset Management services, with the aim of supporting its long-term performance and appeal.
The project is one of the most complex real estate developments in the Republic of Moldova. Created as a micro-city built from the ground up and developed around the concept of a “15-minute city”, it places quality of life, sustainability, renewable energy and European standards of design and comfort at the forefront. The future neighbourhood will include 48 residential buildings, semi-detached and detached houses, green spaces and complementary facilities, including a hospital, educational infrastructure, a multisport complex, the National Tennis Centre, and an Ibis hotel. At the same time, approximately 30,000 sqm of land is dedicated to the development of the commercial component. According to initial estimates, the entire project will be completed in 2028 and will accommodate approximately 10,000 residents.
“Satul German was designed from the very beginning as a neighbourhood where people would have close access to everything they need for a comfortable life. The commercial component is a natural part of this vision. Together with Nhood, we want to develop a centre that meets everyday needs while also bringing the community together,” said Ceslav Ciuhrii, founder of Satul German.
For Nhood’s team in Romania, Satul German represents an opportunity to contribute to the development of a large-scale urban project in the region. Nhood will develop the retail concept and commercial mix, define a leasing strategy tailored to the project and the profile of the future community, and contribute to attracting relevant international and local brands. Through its Property and Asset Management services, Nhood will contribute to operational cost efficiency and support investment decisions.
“Our involvement in the project began with the definition of the concept and continues with the development of the commercial component. This is where the experience of our multidisciplinary team is particularly relevant: understanding the expectations of the community that will grow around the project and translating them into a retail mix that is attractive to brands and sustainable for operators. This integrated approach allows us to make, from an early stage, the decisions that will contribute to the project’s long-term performance and sustainability,” said Bogdan Aldea, Head of Business Development, Nhood.
“In a neighbourhood built from the ground up, the commercial area needs to be designed around the way the community will evolve. This means taking into account how the spaces will be used, the needs of operators and changes in consumer behaviour, so that the offering can remain relevant as the neighbourhood develops. Drawing on our experience, our team approaches these decisions from a broader perspective, taking into account both the needs of the community and the commercial and operational requirements, so that the area can function efficiently and remain relevant as the community evolves,” said Mihaela Petruescu, Country Director for Property Services Romania & Poland, Nhood.
