Romina Gingasu, wife of businessman Piero Ferrari, investments of tens of millions of euros in real estate
Fotografie de la PhotoMIX Company, Pexels
For several years, Romina Gingasu, the wife of businessman Piero Ferrari – who owns 10% of Ferrari’s shares, valued at no less than $6.5 billion – has been investing in luxury real estate, both abroad and in Romania.
The 31-year-old Romina Gingasu decided to make a strong foray into the real estate markets in 2016, while being a discreet but constant presence in the luxury property sector.
From 2016 to 2023, the Romanian company has invested 10 million euros in residential projects, and the areas targeted were the Floreasca district of Bucharest and the northern area of the capital.
Romina Gingasu’s investment portfolio in Romania started – in 2016 – with Belvedere Residence, located on Fabrica de Glucoză, and the ZenVille villa complex in Voluntari. Over the years, the value of these properties has, since purchase, „increased considerably”.
Romina Gingasu’s latest major deal is worth €2 million for 20% of the Saphire Herastrau project. In the residential complex in the French district, the Romanian bought the top two floors of a 420 sqm penthouse with an 80 sqm terrace.
Careful market research and the Saphire Herastrau project
Romina Gingașu says, according to Forbes, that she makes these acquisitions on her own behalf, but any investment is translated into reality only after constant market research, the key being projects that attract her attention after careful evaluations.
As for the Saphire Herăstrău project, Romina Gingasu says that – from her point of view – this building is by far the most practical, with „a terrace for each guest room and a separate 15 sqm laundry room next to the elevator area”.
The boutique building is being built by developer Alexander Regenbogen together with a group of foreign investors. The building was completed in 2021 and has five floors and a total of 13 apartments.
Romina Gingasu: ” For the Bucharest market, penthouse apartments with large terraces are a good investment”
Romina Gingasu already benefits from the experience gained over the last 7 years, and her business strategy focuses on acquisitions for long-term investment purposes, not for quick rental profits.
This is also the reason why she says that – as far as the real estate market in Bucharest is concerned – a very good investment consists „in penthouse apartments with a large terrace”. Unfortunately, at the moment there are very few such apartments, she points out.
Under „investments in progress”, Romina Gingasu targets the Bellemonde Residence project, near the American School in Pipera. In his view, these properties could have a return of at least 30-35% by the time the project is completed, and discussions with the developer are currently at an advanced stage, with the main topic being the construction of several „individual villas”.
“ I look at long-term returns and always buy from the design phase.