Thursday, 26 February 2026
Michele Nusco, founder and CEO of Nusco, has decided to sell a plot of land of approximately 3 hectares located opposite the Nusco Green Homes villa complex to the developer City Nord Group, which will build the City Nord Eminescu 28 project there, with over 400 apartments. The transaction value is estimated at over EUR 3.6 million excluding VAT.
Michele Nusco’s decision to sell the land reflects the company’s focus on the Nusco City project, the largest urban regeneration project in the north of the Capital. The third phase of the complex, authorized in November 2025, provides for 836 apartments, 1,063 underground parking spaces and 1,600 square meters of commercial space, with an estimated investment of over EUR 150 million and a completion date of the end of 2028. The developer has already sold over 250 apartments in just two months after authorization.
