“There is enough housing in Bucharest and in other larger cities in Romania. Towers plans to help building owners maintain the value of their property and even increase the revenues generated by those properties,” said Dumitru, managing partner of Towers Group.

The company currently manages a portfolio of 30 apartments and plans to add a group of customers which will complete apartments in the first half of 2010. Dumitru, who previously worked for Copper Beech and DTZ in Romania, set up the firm two years ago.