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Immofinanz bids EUR 530 million for 29 pct of CA Immo

Austrian company Immofinanz, with real estate assets of over EUR 950 million in Romania, makes again an attempt to become a CA Immo shareholder, also active on the local market, through a takeover bid of over EUR 530 million for 29 percent of shares, reports Mediafax.

Immofinanz sees rents down but doubles operating profit in Romania

Austrian real estate group Immofinanz posted a EUR 35.2 million rental income in Romania in the first nine months of the financial year 2014-2015, down 2.7% year-on-year.

Romania reports the largest number of M&As in CSE in 2014, says EY

Romania registered the highest increase of the mergers & acquisitions (M&A) market in Central and Southeastern Europe (CSE) in 2014, according to the EY – M&A Barometer Romania 2014.

Companies invest up to 350 euro per square meter in office design

The largest budgets for office improvement come from pharmaceutical and IT companies

Global ultra-wealthy population up 3% in 2014

According to the most prestigious survey on global private wealth, THE WEALTH REPORT, the number of Ultra High Net Worth Individuals (UHNWIs) increased, announces The Advisers/Knight Frank following the launching of the report’s results within the International Conference MIPIM 2015 that took place last week at Cannes.

Sebastian Mahu, new centre manager of Promenada mall

South-African investment fund NEPI (New Europe Property Investments), one of the largest real estate investors on the local market, the owner of Promenada mall, appointed Sebastian Mahu as centre manager.

Jobless rate reaches 5.51% in Romania

Romania’s unemployment rate reached 5.51% at the end of February, up 0.05% over January. The rate decreased by 0.33% year-on-year.

Most important aspects for companies when choosing their office space

The main elements which determine the signing of contract for an office spaces in Romania are the budget and the building’s location, which should also offer a large palette of connected services, according to the real estate consultant RE/MAX.

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