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
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. 

Romania leads in shopping centre entertainment
Real estate

Romania leads in shopping centre entertainment

Shopping centres in Romania are ahead of many European markets in providing entertainment options, establishing themselves as key leisure destinations, according to a recent analysis by Nhood Romania.  

Investors in Romania expect growth in logistics during 2025
Real estate

Investors in Romania expect growth in logistics during 2025

Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.

CEEs investment market to see many newcomers
Real estate

CEE's investment market to see many newcomers

Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.

RECOMMENDED FROM THE HOME PAGE
Finance

Romania's net profit of banking system up 5% in 2024

The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.

READ MORE
Business Forum  |  24 June, 2025 at 6:30 AM
Business Forum  |  23 June, 2025 at 6:23 PM