InteRo Property Development, owned by the Canadian Topolinski investors family, adds new revolutionary features to its digital InteRoVerse platform, in line with its commitment to provide clients with the best, most trustworthy and transparent experience in Romanian Real Estate investment.
Going forward, buyers’ interests will be guaranteed under the InteRo’s Standardized Client Protection Protocol, which provides accurate information and constant updates about ongoing developments, while also enabling everyone to track construction works in real time, from everywhere on the globe.
The digital platform InteRoVerse will implement the Private Provisional Land Register, where anyone can view the status of sale, contract number or date of signing, and the client’s initials.
Separately, the independent law firm S.C.A. Ionescu Stoica & Asociații through a team coordinated by Collaborating Partner Adriana Lața will complete a monthly verification of the apartment inventory and validate the sale and purchasing contracts for the apartments that have already been sold, and the remaining apartments still available. This verification will be signed by the law firm and posted on InteRoVerse.
Michael Topolinski, founder of InteRo Property Development, said: “Since we started our family business in 2007, our goal was to help drive the overall growth of the local Real Estate market in terms of standards and business responsibility. We pride ourselves on being at the forefront of innovation, while being committed to the global industry’s best practices.
We own the plots of land where we develop our projects all equity, and we have a strong balance sheet. Our premium, efficiently designed and high-tech projects have historically proven to generate attractive two-digit returns to investors.
The 24/7 live streams are the easiest and most transparent way to reassure buyers that their advance payments are being properly used. Also, the signing off by a credible third-party independent law firm further ensures that they are investing in solid, high-quality projects.
InteRo’s Standardized Client Protection Protocol thus sets a new milestone for the highly competitive and dynamic Real Estate market in Bucharest.”
Ashton Topolinski, Partner, Head of Marketing & Branding and Sustainability Lead at InteRo Property Development, added: "My partners and I represent The Family Difference in the Bucharest Real Estate market, and our vision is rooted in providing clients with the best experience, from the moment they walk into our showroom concept to signing day to celebrating our clients and partners at our seasonal events. All our partnerships are built on trust, and we are fully transparent with all our projects. Construction leadership is involved in the showing process and if clients have any questions at the showing or after the showing, the team is always willing to provide answers. Our sales team shares the InteRoVerse link with our clients before the showing, so clients have 24/7 access to all the required information through our digital, unique and revolutionary InteRoVerse platform.”
Bogdan Nicoara, CEO & Co-founder Bright Spaces, stated: “Transparency is essential in the real estate landscape, especially nowadays when Romanian buyers need assurance and reliable information. Bright Spaces is working with InteRo Property Development to enhance InteRoVerse by integrating features that give clients access to live project updates, accurate pricing, available units and more. This 3D digital platform offers an unprecedented level of visibility, making it easier and more secure for people to make informed decisions about purchasing apartments. By leveraging technology to provide these insights, we aim to set a new standard for clarity and trust in the real estate market.”
The new transparency features are already available for Pajurei 3 Residence, InteRo’s luxury Smart Home residential project in the heart of Bucurestii Noi. The provisional land register can be viewed on the InteRoVerse platform here, while the live stream from the construction site can be accessed through the project’s website, here.
The upcoming projects of SkyLight Residence (Obor), SunLight Residence (Tunari) and MoonLight Meadows (Otopeni) will benefit from the same transparency features.
--
About InteRo Property Development
Established by the Topolinski investor family (Father Michael and his three children – Michael, Tyler, and Ashton), InteRo Property Development has been present in Romania for more than 15 years, helping to drive the overall growth of the local Real Estate market in terms of standards and corporate social responsibility (CSR).
The developer’s list of partners includes the Fintech startup MetaWealth, the proptech startup Bright Spaces, as well as brands including Skanska, Lidl, Balbec, Libra Bank, and private investors and global investment funds from North America, Asia, and the nearby countries.
Landmark deals include the 2012 purchase of 78,000 sqm on Progresului for EUR 21 million, where Vulcan Value Center stands today, and the largest transaction of 2019, when InteRo sold half of former Textila Dacia platform to Skanska Property Romania for EUR 23 million to build an office project.
In 2022, InteRo became the first real estate developer in Romania to implement the Bright Spaces digital solution for residential. NorthLight Residence, New Confort City, Pajurei 3 Residence and SunLight Residence are on the platform and around 500,000 sqm of total built area, of upcoming projects, is expected to be launched on the platform in 2024 and 2025. As InteRo’s portfolio grows, InteRoVerse intends to integrate all its projects in the virtual residential world.
The InteRo Property Development portfolio includes innovative and efficiently designed projects aimed at creating high-quality living and working spaces:
• SkyLight Residence. Situated in the central part of the City (Obor area), the 10-hectares mixed-use project will provide upon its completion of 2,200 apartments with a total built area of 486,000 sqm divided into 115,000 sqm of office space, 370,000 sqm of residential and 2,600 sqm of commercial shopping. Phase 1 is composed of 551 apartments within 7 buildings, sits on a land area of 19,248 sqm with a total built area of 87,000 sqm.
• Pajurei 3 Residence is InteRo’s first luxury project, with 160 luxury apartments, an outdoor pool with a barbecue area, a well-equipped fitness centre, a party room, English Courtyard, children’s playground, dog parks, and a movie space. Designed with the implementation of reducing carbon emissions, it will be built to meet the nearly Zero Emission Building (nZEB) standard, earn BREEAM Excellent Certification and offer apartments with full Smart Home Features package as a standard feature. Construction started in May 2024, with 16,960 sqm of total built area.
• SunLight Residence is in Tunari, just a 5-minute drive from Pipera, and the total built area will be 17,238 sqm with 180 spacious apartments (2-room, 3-room, and 4-room with 100+ sqm garden apartments) 360 parking spots. Construction will begin in Q1 2025. The development is a nearly Zero Emission Building (nZEB), with utility costs reduced as it has 30% renewable energy produced by solar panels on the buildings’ roofs.
• NorthLight Residence. Located in the middle of nature in North-East Bucharest, the project spans 13,000 sqm and includes a total of 110 premium apartments (including Penthouses) with an exceptional view of the lake, 4,000-sqm of green spaces, a children’s playground and a 320-sqm pool. This project was completed in 2021.
• New Confort City. Located in the Southeast of Bucharest, the 280-apartment project has a total built area of 25,210 sqm. It offers residents an affordable and quiet community where families can enjoy the green spaces, bring the dog to the dog park, and shop at the complex’s local market to pick up anything on the go. This project was completed in 2023.
• Bucurestii Noi project has been designed as an environmentally friendly, state-of-the-art technology IT campus that will be developed on a 5.2-hectare plot connected to the Jiului Metro station. As an integrated project with Skanska, it will consist of 7 office buildings totaling 197,000 sqm (93,000 sqm to be developed by Skanska Property Romania, and the rest by InteRo Property Development).
• MoonLight Meadows will be a large-scale residential project with 420 apartments on 4.5 hectares in Otopeni area. The development has an estimated development value of more than EUR 80 million.
Further details available on https://intero.ro/en and follow us on InteRo’s LinkedIn page, Facebook page and Instagram page.
About Bright Spaces
Bright Spaces is the AI-powered 3D Digital Twin platform helping real estate stakeholders plan, repurpose, and lease spaces with improved clarity and speed. With over 2 million sqm of digital twins created across office, residential, and industrial sectors, their solutions are utilised in 12 countries and across four continents.
