Forty Management Signs Exclusive License with Crystal Lagoons® in Romania


Romania’s leading real estate developer Forty Management, owned by entrepreneur Lucian Azoiței, known for offering “affordable luxury”, has signed with multinational water innovation company, Crystal Lagoons® to use its patented technology for a lagoon anchoring a large mixed-use real estate project in Bucharest.

Known as Central District Lagoon City, the new development’s main amenity is a pure turquoise lagoon surrounded by idyllic beaches of over 20,000 sqm, exclusively for its inhabitants, and sets a precedent in Romania and Eastern Europe.

The incorporation of a crystalline lagoon powered by Crystal Lagoons technology in a residential project creates a new standard in Romania’s real estate, transforming the classic urban landscape into a heavenly destination.

Central District Lagoon City is Romania’s first such amenity, and will allow residents to enjoy beach life year-round and practice water sports, such as sailing or kayaking, among others; or simply relax on the white sand beaches and enjoy an idyllic view of the water on their doorstep and without having to travel beyond their own backyard.

Crystal Lagoons technology, patented in 190 countries, is unique in the world and allows the development of large bodies of water to be maintained at low maintenance costs.

Business Review

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