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.

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Business Forum  |  11 February, 2025 at 1:58 PM