Business Forum • 10 November, 2026 at 10:31 AM
Bucharest and Ilfov County accounted for 26.1% of all real estate transactions recorded in Romania in October 2026, according to data from the National Agency for Cadastre and Land Registration (ANCPI). Bucharest registered 11,086 properties sold, while Ilfov County recorded 3,462 transactions, together totalling 14,548 deals. The figures come despite a 4.8% year-on-year decline in the number of properties traded nationally compared to October 2025.
Against this backdrop, North Bucharest Investments (NBI) closed October 2026 with an intermediated transaction volume of €21.63 million, representing 124 transactions. The company recorded a 4.2% increase in the number of transactions compared to September, maintaining a volume above €21 million for the second consecutive month. In the first six months of the year, NBI reported an intermediated transaction volume of over €100 million.
"Bucharest and Ilfov continue to reinforce their central role in Romania's real estate market, while northern Bucharest remains, from the perspective of our business activity, the primary hub of residential demand. The market is becoming increasingly selective, with buyers placing greater emphasis on location, infrastructure, and long-term investment value. Looking ahead to 2027, our focus is on portfolio diversification and technology integration to respond more effectively to actual market demand," said Andreea Nicolae, Investor Relations Manager at North Bucharest Investments.
NBI currently manages a portfolio of approximately 5,000 residential units, with nearly 60% consisting of two-bedroom and three-bedroom apartments, representing a significant share of current demand. Approximately 70% of the portfolio is concentrated in northern Bucharest, with the remaining 30% covering other areas of the capital and its metropolitan region. The company also continues to develop North Bucharest APP, a proprietary digital platform integrating AI-assisted property search, personalised recommendations, and tools for property discovery and evaluation.
Looking to the close of 2026 and into 2027, NBI is focused on strengthening relationships with developers, expanding its residential portfolio, and developing its advisory and brokerage capabilities. The company partners with more than 80 developers and manages a portfolio of over 100 residential projects.