News Article Antoine Grolin lease Mulliez Family Association New Immo Holding Nhood Romania
by Property Forum | Report

New Immo Holding, which brings together the real estate activities of the Mulliez Family Association, has recorded gross revenues of €304.5 million during H1 2023, up 7% compared to the same period of last year, while the rental income rose by 2.6%. 

In the leasing division, the holding recorded a 33% increase in leasing contracts compared to the first six months of 2022, respectively a 19% increase in revenues and business volume. 

New Immo Holding is present in 10 European countries, including Romania where its Nhood company posted a turnover of 18.7 million lei (€3.7 million) in H1 2023. 

”We continue to implement the mixed-use development strategy and reaffirm our commitment to create better spaces through our projects, which are oriented more than ever towards energy efficiency and reducing environmental impact,” says Antoine Grolin, New Immo Holding’s President. 

Locally, Nhood manages 20 Auchan shopping centres and develops the mixed-use scheme Coresi in Brașov.