InteRo Property Development, owned by the Canadian Topolinski investors family, has kicked off the construction of a new mixed-use project in Bucharest with a valuation of €1 billion.
Since its launch in March 2023, the revolutionary investment platform has successfully tokenized 101 premium real estate assets with a combined investment value of $20 million.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
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The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.