Forty Management and Investments is a real estate developer of residential and commercial projects.

Our residential projects are developed under the Central District brand and are all built within the central ring of Bucharest, whilst our commercial projects cover a much larger area throughout the country and come under the name of Trade District.

Forty has several high-end residential projects completed (89 units), under construction (210 units) and in the pipeline in Bucharest’s Central area (more than 200 units) – exclusive developments such as Central District Polona 25 – with the most expensive penthouse sold in Romania in 2014 and Central District Cuza 99 – winner of the most prestigious awards in Romania in 2017.

We seek to create places that inspire, projects where vision and thoughtful design add lasting value. This is what turns our promise into a responsibility to never compromise to mediocrity.

Our Leaders


Lucian Azoitei

Founder & CEO

Licensed in Law and having earned an MBA degree, with an extensive experience of more than 15 years in real estate developing. Starting with the year 2000, he has chosen entrepreneurship, founding companies that are part of the PAZO Group, representative as a model of successful and visionary business.

Often quoted as an authority on the market, with numerous listings in the press (Ziarul Financiar, Luxury, Wall-street.ro, Business Construct, Money.ro).

His professional background positions him as an expert in the Romanian real estate market evolution, as he participated both personally and as a consultant to developing thousands of real estate properties. Lucian Azoitei coordinates the long time strategic development of Forty Management & Investments.

Tudor Baditescu


Licensed in Constructions, with an experience of almost 20 years in residential and industrial constructions both in Romania and abroad, Tudor Baditescu presently runs Terraform, one of Europe’s biggest construction services and floors montage companies.

He has participated in almost all of the large commercial working sites in Romania in the past 10 years, directly or indirectly.

His experience in these projects, with their logistics and inherent technical challenges, has qualified him as a problem solver and a specialist in coordinating large scale commercial sites.