InteRo Property Development and Bright Spaces bring client transparency to a new level through InteRo’s Standardized Client Protection Protocol

InteRo implements the InteRoVerse Private Provisional Land Register and provides clients with 24/7 live streams from construction sites

– InteRo Property Development, owned by the Canadian Topolinski

investors family, adds new revolutionary features to its digital InteRoVerse platform, in line with its commitment to provide clients with the best, most trustworthy and transparent experience in Romanian Real Estate investment.

Going forward, buyers’ interests will be guaranteed under the InteRo’s Standardized Client Protection Protocol, which provides accurate information and constant updates about ongoing developments, while also enabling everyone to track construction works in real time, from everywhere on the globe.

The digital platform ⁠InteRoVerse will implement the Private Provisional Land Register, where anyone can view the status of sale, contract number or date of signing, and the client’s initials.

Separately, the independent law firm S.C.A. Ionescu Stoica & Asociații through a team coordinated by Collaborating Partner Adriana Lața will complete a monthly verification of the apartment inventory and validate the sale and purchasing contracts for the apartments that have already been sold, and the remaining apartments still available. This verification will be signed by the law firm and posted on InteRoVerse.

Michael Topolinski, founder of InteRo Property Development, said: “Since we started our family business in 2007, our goal was to help drive the overall growth of the local Real Estate market in terms of standards and business responsibility. We pride ourselves on being at the forefront of innovation, while being committed to the global industry’s best practices.

We own the plots of land where we develop our projects all equity, and we have a strong balance sheet. Our premium, efficiently designed and high-tech projects have historically proven to generate attractive two-digit returns to investors.  

The 24/7 live streams are the easiest and most transparent way to reassure buyers that their advance payments are being properly used. Also, the signing off by a credible third-party independent law firm further ensures that they are investing in solid, high-quality projects.

InteRo’s Standardized Client Protection Protocol thus sets a new milestone for the highly competitive and dynamic Real Estate market in Bucharest.”

Ashton Topolinski, Partner, Head of Marketing & Branding and Sustainability Lead at InteRo Property Development, added: “My partners and I represent The Family Difference in the Bucharest Real Estate market, and our vision is rooted in providing clients with the best experience, from the moment they walk into our showroom concept to signing day to celebrating our clients and partners at our seasonal events. All our partnerships are built on trust, and we are fully transparent with all our projects. Construction leadership is involved in the showing process and if clients have any questions at the showing or after the showing, the team is always willing to provide answers. Our sales team shares the InteRoVerse link with our clients before the showing, so clients have 24/7 access to all the required information through our digital, unique and revolutionary InteRoVerse platform.”

Bogdan Nicoară, CEO & Co-founder Bright Spaces, stated: “Transparency is essential in the real estate landscape, especially nowadays when Romanian buyers need assurance and reliable information. Bright Spaces is working with InteRo Property Development to enhance InteRoVerse by integrating features that give clients access to live project updates, accurate pricing, available units and more. This 3D digital platform offers an unprecedented level of visibility, making it easier and more secure for people to make informed decisions about purchasing apartments. By leveraging technology to provide these insights, we aim to set a new standard for clarity and trust in the real estate market.”

The new transparency features are already available for Pajurei 3 Residence, InteRo’s luxury Smart Home residential project in the heart of Bucurestii Noi. The provisional land register can be viewed on the InteRoVerse platform here, while the live stream from the construction site can be accessed through the project’s website, here.

The upcoming projects of SkyLight Residence (Obor), SunLight Residence (Tunari) and MoonLight Meadows (Otopeni) will benefit from the same transparency features.

About InteRo Property Development

Established by the Topolinski investor family (Father Michael and his three children – Michael, Tyler, and Ashton), InteRo Property Development has been present in Romania for more than 15 years, helping to drive the overall growth of the local Real Estate market in terms of standards and corporate social responsibility (CSR).

The developer’s list of partners includes the Fintech startup MetaWealth, the proptech startup Bright Spaces, as well as brands including Skanska, Lidl, Balbec, Libra Bank, and private investors and global investment funds from North America, Asia, and the nearby countries.

Landmark deals include the 2012 purchase of 78,000 sqm on Progresului for EUR 21 million, where Vulcan Value Center stands today, and the largest transaction of 2019, when InteRo sold half of former Textila Dacia platform to Skanska Property Romania for EUR 23 million to build an office project.

In 2022, InteRo became the first real estate developer in Romania to implement the Bright Spaces digital solution for residential. NorthLight Residence, New Confort City, Pajurei 3 Residence and SunLight Residence are on the platform and around 500,000 sqm of total built area, of upcoming projects, is expected to be launched on the platform in 2024 and 2025. As InteRo’s portfolio grows, InteRoVerse intends to integrate all its projects in the virtual residential world.