Nhood Romania records 10% turnover growth in 2024

Business Forum
Nhood Romania has recorded a turnover of more than €10 million in 2024, representing a 10% increase compared to the previous year.

The company also reported a 63% year-over-year growth in net profit, driven by a diversified portfolio and operational efficiency gains. During 2024, Nhood Romania expanded its services to include ESG consulting, entertainment and F&B advisory, franchising, and capital market services.

This year, the company aims for a 22% revenue growth, driven by new client acquisitions and the expansion of its service portfolio, with a heightened focus on ESG initiatives.

Nhood Romania manages a diverse range of projects, including the urban regeneration development Coresi in Brașov. 

“In 2024, Nhood Romania continued to expand its portfolio by diversifying the projects managed and increasing the number of clients outside the group's portfolio,” said Elena Bocan, Head of Market & Resources & Fund Investment at Nhood. 

The company has secured new mandates with clients such as Urbano Cluj, Lagardère, MADEX, and Spartan.

In Romania, Nhood manages 25 mandates for retail and office spaces (including leasing), a business park – Coresi Business Campus, a residential project – Coresi AvantGarden, and 23 retail locations nationwide, all Auchan shopping centers, including Coresi Shopping Resort.

RECOMMENDED
Market beat: How large office tenants gain leverage in Bucharest
Real estate

Market beat: How large office tenants gain leverage in Bucharest

Lavinia Ioniță Rasmussen, Real Estate Partner at Nestor Nestor Diculescu Kingston Petersen (NNDKP), talked to Property Forum about the firm's growing portfolio in industrial and renewable energy, but also about the new EU rules that will boost investments in green buildings.

Why this investor is betting on hospitality and city logistics
Real estate

Why this investor is betting on hospitality and city logistics

George Gardin, Country Manager for Romania at Yellow Tree Group, spoke with Property Forum about the group's first pilot development in Romania, Aria Shopping Center, and the investment vision for the local market going forward, with a focus on diversification into hospitality and in-city logistics. 

There is still resistance to adopting circular economy principles
Real estate

There is still resistance to adopting circular economy principles

Mihnea Cristescu, Project Manager & Sustainability Consultant at Cushman & Wakefield Echinox, talked to Property Forum about the shift from the traditional green certification system in the real estate industry and the growth in the segment of green loans over €100 million.

ELI Park Iași secures BREEAM certification
Real estate

ELI Park Iași secures BREEAM certification

ELI Park Iași, the industrial project developed by Element Industrial, has achieved BREEAM certification, making it one of the most sustainable industrial developments in the Moldova region. 

CEE industrial market becomes more selective and data-driven
Real estate

CEE industrial market becomes more selective and data-driven

The industrial real estate market in CEE has entered 2025 with strong momentum. According to new market data released by iO Partners, the total stock of industrial space has reached 34.4 million sqm in Q1 2025, marking a 1.1% quarter-on-quarter increase. 

RECOMMENDED FROM THE HOME PAGE
Energy

OMV Petrom sees 21% profit dip in H1 2025

OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.

Energy

Trina Storage enters Romanian energy market

Trina Storage, the energy storage division of Trina Solar, has teamed up with Allview, one of Romania's leading EPC contractors, to develop a Battery Energy Storage System (BESS).

READ MORE
Business Forum  |  31 July, 2025 at 5:08 PM
Business Forum  |  31 July, 2025 at 3:05 PM