North Bucharest Investments sees 30% deals gain in H1 2024

17
Jul
2024
News - North Bucharest Investments sees 30% deals gain in H1 2024 #Bucharest #North Bucharest Investments #residential #Romania #Vlad Musteață

by Property Forum | Residential

Residential broker North Bucharest Investments (NBI) says it has concluded over 520 real estate transactions in H1 2024, up by 30% compared to the same period of last year.  

At the same time, the volume of transactions rose by 35% year-on-year to around €63 million at the end of H1 2024. 

“This performance underscores not only the stability of the real estate market, but our capacity to adapt and respond the evolving needs of our clients,” says Vlad Musteață, NBI’s CEO. 

NBI’s representation portfolio currently comprises 134 residential projects with an estimated combined value of €38 million. 

The CEO added that NBI is looking to expand its portfolio with residential projects in regional cities of the likes of Brașov or Mamaia Nord. 


Bucharest North Bucharest Investments residential Romania Vlad Musteață


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  • Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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