North Bucharest Investments launches NBI Rentals division

North Bucharest Investments – NBI, a leader in premium real estate consultancy, has launched its rental division – NBI Rentals, which has a portfolio of over 400 apartments and houses.

The division’s portfolio comprises a diverse range of properties, including one-, two-, and three-bedroom apartments, houses, villas, and premium properties suitable for both couples and extended families.

The company is expanding its portfolio with more than 100 new units, with a particular focus on the northern area of the Capital and continuing its process of diversifying its offerings.

“Founded at the end of 2024, NBI Rentals plays a key role in connecting property owners with the right tenants, contributing to the development of the local real estate market. Despite general economic challenges, the demand for rentals remains steady, which is why we established the rental division, leveraging the experience gained over more than two years of activity in the Romanian market. We are confident that the rental market will continue to be a dynamic sector, and our adaptability and attention to detail will ensure long-term success,” states Vlad Musteață – CEO – NBI & NBI Rentals.

The revenue generated from the rental division reaches almost 3 percent of the North Bucharest Investments group, because of the accelerated growth of the local rental market. In fact, properties managed by NBI Rentals have an average occupancy rate of over 60 percent, and trends indicate that 70 percent of the clients the company interacts with prefer long-term rentals (for periods exceeding one year). This trend underscores the stability and sustainable demand for traditional rentals, as well as the enduring interest and attractiveness of the northern area, which continues to evolve.

The NBI group currently operates in three business lines – investment activity, real estate property sales consultancy services, and rentals.