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RIVER DEVELOPMENT becomes SEMA Real Estate

The local real estate developer and investor River Development announces the transformation of its current brand, River Development, into SEMA Real Estate. River Development represented the identity of the developer for more than 20 years and supported the image of a prominent player on the real estate market in Romania. The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars of our projects in the portfolio and in strengthening the brand positioning in the market.

River Development appointed Ana-Maria Pascu as Leasing Manager

The local real estate developer and investor River Development announces the appointment of Ana-Maria Pascu to the position of Leasing Manager, starting September 2024.

Infinity Cloud Technologies is opening its business in Romania, in Paris Office Building, Sema Parc

The local real estate developer & investor River Development announces the lease of a 1,200 s qm space to the worldwide leading player in the data center industry - Infinity Cloud Technologies, on the ground floor of the Paris Office Building, in Sema Parc. The transaction was brokered by iO Partners.

River Development has a new Managing Partner

River Development, one of the local real estate developers, has a new Managing Partner since January 2024, in the person of Oana Rădulea. Oana thus takes over the executive management of the company, from the former Executive Director, Liviu Birău.

The Ministry of Transport and Infrastructure – the first anchor tenant in the London office building in Sema Parc

The developer River Development announces the lease of a 3,780 sqm space to the Ministry of Transport and Infrastructure, in the London office building in Sema Parc, following an auction process in which it participated and was declared the winner.

Affidea Romania, the main player in the local market of medical imaging services, opens a new clinic in Sema Parc

River Development announces the lease of a space of over 1,000 square meters to the Affidea medical clinic, on the ground floor of the Berlin office building in Sema Parc. The transaction was brokered by Knight Frank Romania.

Green Power Generation Investment Project - renewable and clean energy in Sema Parc

River Development, the developer of the Sema Parc and The Light projects, through its property & facility management company Sema Parc, announces the implementation of a photovoltaic power plant for the generation of green - renewable and clean energy in Sema Parc. With a total investment of more than €1 million, the project is due for completion in May 2023 and will initially provide part of the electricity supply to the Paris, Berlin and Bruxelles buildings in Sema Parc.

Zimmer Biomet Holdings, a world leader in medical technology, opens its first Romanian branch in Sema Parc

River Development, the developer of Sema Parc and The Light projects, announces the lease of office space to Zimmer Biomet Romania in the Paris office building in Sema Parc.
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