NBI Introduces NBI Rentals - A New Division for Equipment Rental Services
Impressive Launch of NBI Rentals, Redefining the Premium Real Estate Rental Market
In an exciting breakthrough, North Bucharest Investments (NBI)—a trailblazer in the premium real estate consultancy scene—has unleashed its newest division: NBI Rentals. This dynamic division boasts an extensive portfolio of over 400 apartments and houses, promising a diverse range of properties to cater to various client needs and budgets.
Equipped with a team of more than 20 seasoned consultants, NBI Rentals is dedicated to forging solid relationships between owners and tenants. This dedicated team, constantly growing to meet demand, is the driving force behind this division's success. NBI Rentals offers a variety of properties, from cozy one-bedroom apartments to roomy villas, catering to both couples and larger families. Additionally, commercial properties including retail spaces, offices, and warehouses are part of their diverse offerings.
Keeping the market's pulse, NBI Rentals is expanding its portfolio with more than 100 new units, primarily focusing on the prosperous northern sector of the Capital. This strategic move aims to broaden their service offerings and solidify their position in the local market.
Addressing the launch, Vlad Musteață - CEO, NBI & NBI Rentals, stated, "NBI Rentals is geared to bridge the gap between property owners and ideal tenants, thereby fostering the growth of our local real estate sector. Despite economic challenges, the rental market remains resilient, and we leverage our two-year-strong presence in the Romanian market to ensure long-term success."
NBI Rentals has already generated nearly 3% of the revenue for the North Bucharest Investments Group. The properties under their management boast an average occupancy rate of over 60%, and trends indicate that 70% of their clients prefer long-term rentals, showcasing the stability and sustainable demand in the traditional rental market.
The NBI group, with its focus on three business lines—investment activities, real estate sales consultancy services, and rentals—remains a game-changer in the northern area's sustainable development. With a dedicated team, a growing portfolio, and a clear strategic vision, NBI continues to redefine the northern area's real estate landscape.
Established by entrepreneur Vlad Musteață in 2011, the NBI Group initially operated in the Republic of Moldova before expanding into the Romanian market. In 2024, the NBI Group recorded a staggering 1,300 real estate transactions, significantly surpassing the previous year's count. With a strong digital marketing approach, dedicated teams, and expertise in selling new residential developments, NBI continues to lead the way in real estate consultancy.
*This article is a Press release.
Insights:
- NBI Rentals debuted with a portfolio of over 400 residential and commercial properties, including apartments, houses, villas, retail spaces, offices, and warehouses, offering a digital-first approach and catering to a rapidly growing submarket.
- With an expanding team of more than 20 consultants, NBI Rentals aims to streamline rental transactions, building on the success of the NBI Group's 1,300 real estate transactions in 2024, valued at €146 million.
- Focusing on the northern sector of the Capital, NBI Rentals is positioned to address evolving consumer needs. By optimizing visibility for its complexes through targeted social media campaigns and sales consultancy, it's enhancing market liquidity and complementing the parent company's focus on new residential developments.
- By 2024, NBI Rentals, a division of North Bucharest Investments, managed a portfolio of over 400 apartments and houses, generating nearly 3% of the group's revenue.
- NBI Rentals' average occupancy rate is over 60%, with 70% of clients preferring long-term rentals, signifying stability and sustained demand in the traditional rental market.
- In an effort to extend its service offerings and solidify its position in the local market, NBI Rentals plans to add more than 100 new units, focusing primarily on the prosperous northern sector of the Capital.
- In the year 2024, the North Bucharest Investments Group, with a strong digital marketing approach and a dedicated team, recorded a staggering 1,300 real estate transactions, valued at €146 million.
