Membres

Nhood, the new partner of Regata Imobiliare for the development of Satul German, one of the largest urban development projects in the Republic of Moldova

Bucharest, 21 September 2026 – 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 square metres of land are dedicated to the development of the commercial component. According to initial estimates, the entire project will becompleted 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 over time. 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.

Through its involvement in Satul German, Nhood brings together commercial, operational and investment perspectives to contribute to the development of spaces tailored to the local context. This approach enables the company to work alongside developers and local partners across multiple stages of a project and to consider, from the outset, both market requirements and the way in which the development will operate over the long term. 

About Nhood

Nhood is an international real estate solutions operator, actively involved in urban regeneration. The company supports property owners, public authorities, and investors in the sustainable transformation of assets and spaces, leveraging an integrated services platform. As an integrator of expertise, Nhood operates across the entire real estate project lifecycle, from strategy to operations: consulting, concept design, development, placemaking and community engagement, operational management, and asset value enhancement. Its 1,500 employees manage assets worth €17.3 billion across nearly 1,000 locations in Europe and Africa, serving over 300 clients. The company develops value-generating mixed-use projects rooted in local dynamics, where retail, residential, office spaces, leisure and hospitality areas, digital infrastructure, and new urban uses coexist. Guided by a positive-impact approach - People, Planet, Profit, and Governance - Nhood works every day to create “better places” that are useful, vibrant, and attractive. www.nhood.ro 

About Regata Imobiliare

Regata Imobiliare is a construction company based in the Republic of Moldova, developing the Satul German neighbourhood. The company’s portfolio includes the development of the first Kaufland Moldova retail and logistics projects on the local market, as well as a series of retail, HoReCa and hospitality projects in Chișinău. Regata Imobiliare was founded by businessman Ceslav Ciuhrii, an entrepreneur with a diversified business portfolio in the Republic of Moldova and Romania, spanning sectors such as real estate, HoReCa and the pharmaceutical industry. An important part of his business activity is focused on the pharmaceutical sector. Ceslav Ciuhrii is the founder of Newtone Laboratories in Romania, a company specialising in the research and production of pharmaceutical preparations.