Nusco Imobiliara has been valued at 400 mil. Euro

Real estate developer Nusco Imobiliara, the local division of the Italian group Nusco Spa and one of the major players in the industry, has been valued this year at over 400 million euros, 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.

With over 25 years of experience in the local market, Nusco Imobiliara is a benchmark company in residential and commercial development in Romania. It has successfully developed and delivered significant projects in the local market.

“We are delighted to have had the opportunity to carry out this extensive project to evaluate the assets held by Nusco Imobiliara, a significant player in the residential and commercial real estate development market in Romania. It has been a complex assessment exercise, and we have appreciated the support and professionalism of the Nusco Imobiliara team. Through this collaboration, not only is KPMG’s position in the market for company and asset valuation services strengthened, but it also underscores our extensive expertise in value identification and a deep understanding of the dynamics of this sector’s market,” said Bogdan Văduva, Partner, Deputy Head of Advisory, KPMG Romania.

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.