River Development becomes SEMA Real Estate following a rebranding process

The local real estate developer and investor River Development, controlled by the entrepreneur Ion Rădulea, changes its name to SEMA Real Estate following a rebranding process.

The company is currently developing two of the capital's major urban reconversion projects, Sema Parc - located on Splaiul Independentei and The Light - located on Iuliu Maniu Boulevard.

"The keyword SEMA is already recognized for our flagship project, Sema Parc, which is a significant mixed-use development in Bucharest that includes office buildings, commercial spaces and a residential area. The rebranding emphasizes the heritage and importance of this project for the company's identity and its role in shaping its future developments," explains Oana Rădulea, Managing Partner of SEMA Real Estate.