Matei Şucu enters real estate after quitting football

Matei Şucu, the eldest son of businessman Dan Şucu, owner of Mobexpert and the Rapid football club, has been co-opted into one of the companies through which his father invests in the construction of apartments in Bucharest.

Matei Şucu is the new shareholder, with 10% of the company Redport Properties Safir. The rest of the shares in the company are owned by Dan Şucu (50%) and Redport S.A. (40%).

One of the phases of the residential project The Level Apartments is being built through this company. Redport owns several plots of land there and plans to build over 1,000 homes in the Infinity Nord project, as well as a residential complex with 500 apartments in the eastern area of Bucharest.

Source: economica.net