Those revenues represent 7.7% of the total revenues from rents of the Group.
The Romanian operations reached EUR 15.5 million, decreasing compared to the same period of the previous fiscal year, when they reached EUR 16.1 million and represents 6.5% of the total of operational revenues of Immofinanz Group. The operational profit (EBIT) in Romania was EUR 9.5 million, representing 3.1% of the total EBIT profit.
Immofinanz owns in Romania 88 projects (17 completed investments, 60 projects planned and 11 projects in development) with a total value of EUR 1.003 billion, according to the company’s most recent financial report.
The current investment portfolio of Immofinanz in Romania includes nine office buildings, 5 retail assets and 3 logistics facilities. (source:wall-street.ro)
