"We focus on the development of the office and retail portfolio, so we have included in our strategy the sale of properties that do not fit into our base portfolio. The former platform's land is suitable for development of residential projects, so it has been included in the sale, and the transaction was completed with One United Properties", said Fulga Dinu, Country Manager of Operations Romania, Immofinanz.
With a portfolio of over € 800 million, Romania is part of Immofinanz's core markets. The total volume of fixed assets of EUR 619.5 million is divided into 9 office buildings (13.8% of the total office portfolio) and 6 retail properties (22.0% of the total retail portfolio). (source: wall-street.ro)