Real estate developer Nusco Imobiliara, the local division of the Italian group Nusco Spa has been valued this year at over EUR 400 million, with the evaluation process conducted by the company KPMG in Romania.
Conducted at the request of Nusco Imobiliara, the evaluation process lasted for two months and included all assets from the real estate developer’s portfolio, as well as the development projects planned for the upcoming period.
“After 25 years of active presence in the local market, having navigated through every stage of the market, three economic crises, and one health crisis, we truly wanted to determine our actual value and position. Therefore, we turned to some of the leading specialists in the field and chose to request the execution of this evaluation process from KPMG in Romania, to whom we express our gratitude for their professionalism and dedication,” explains Michele Nusco, CEO of Nusco Imobiliara.
Nusco Imobiliara’s portfolio includes projects such as Premio – a premium boutique residential ensemble; CITTA Park residential complex; Nusco Towers office building; Caramfil office building; Floreasca One office building; Floreasca Two office building; Pipera Commercial Park; Nusco City Phase 1A; Nusco City Phase 1B; Nusco City Phase 2 – launched and ongoing; Nusco City Phase 3 – ready for launch and in full development of the newest villa ensemble in Northern Bucharest – Nusco Homes. Nusco Imobiliara has surpassed the milestone of 1,800 developed apartments, and this year, they have an additional 840 apartments and 121 villas in development.