North Bucharest Investments tripled its sales volume in 2024, announces promising prospects for 2025
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With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached 146 million Euro in 2024. This amount reflects an increase of 133 percent compared to the previous year and consolidates the company’s leading position on the real estate advisory market in Bucharest.
The growth was fuelled by the expansion of the project portfolio by almost 50 percent compared to 2023. North Bucharest Investments now represents 184 residential complexes, villas and houses, 79 of which are large-scale projects.
Among the most important projects in the portfolio are Nusco City, Nusco Green Homes, Yacht Kid, Prima Vista, Up Site, Quartier du Nord, Ivory Residence, Oxford by Victoria Homes, Quartier Azuga, Quartier Ferdinand, High Garden East, Avrig Park Residence, Britwood 144 by ANSI Real Estate, SkyLight Residence, Elie Sabb by Metropolitan, Avalon Estate or Bellmonde.
“With this portfolio, North Bucharest Investments succeeded in 2024 in attracting the attention of investors, who accounted for more than 60 percent of the total transactions. The projects that we have in our portfolio have generated high-performing figures, with the average returns last year being around 21 percent. Residential end-customers account for 40 percent of our total sales, and this category includes families with children as well as individuals who want a home close to the office, well connected to transport, educational facilities and shopping centers. Areas such as sectors 1, 2 and 3 in Bucharest have been important points on the housing sales map,” says Vlad Musteață, CEO of North Bucharest Investments.
Among the most valuable transactions in 2024 were the sale of an exclusive penthouse in the Up Site development for €1.65 million, a €1.1 million apartment in the same development and a €700,000 property in Brick.
NBI’s offering brought in a record number of requests during 2024. Over 11,000 people contacted the company through www.northbucharestinvestments.ro, an increase of 112 percent on the previous year. The NBI team expanded significantly to 158 members, up 285 percent on 2023.
NBI also started 2025 with promising results. In January, the company recorded a total of 114 transactions, a doubling in volume compared to the same period of the previous year. The cumulative value of transactions in January 2025 totalled €14.3 million.
“We aim to expand into other areas of the capital in 2025, by taking on large-scale projects from developers with whom we are already working, as well as by attracting new strategic partnerships. We will also focus on integrating innovative, sustainable and trend-aligned projects. NBI will continue to be a key player in the transformation of the real estate market in Romania and we are also interested in landmark projects in Romania’s major cities, such as Cluj, Iași and Brasov, where the economy is booming and attracting more and more investors“, said Vlad Musteață – CEO – NBI.