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Related news

IMMOFINANZ acquires Bucharest Financial Plaza and plans renovation into a sustainable myhive landmark building

IMMOFINANZ has acquired the Bucharest Financial Plaza office building, in a prime central location close to the historic center of Bucharest. The property is being sold by Banca Comercială Română (BCR), the largest financial services group in Romania and a subsidiary of the Austrian Erste Group Bank. The building, with gross rentable space of around 27,700 sqm (post-conversion), was BCR’s head office until last year. The costs of the transaction amount to approximately EUR 36.0 million.

Immofinanz properties in Romania reached the value of 768.5 million euros

Immofinanz, one of the largest players on the local market, reached 768.5 million euros portfolio in Romania, equivalent to 17.7% of the company's total portfolio, according to the developer's data for the year 2018.

Cantine opens a new restaurant in Iride Business Park

Cantine, the Bucharest restaurant chain, will open in April the fourth space in the Capital, on an area of 800 square meters, within Iride Business Park, owned by IMMOFINANZ in the north of the city, near Pipera Metro Station .

Immofinanz registered EUR 23.6 million rental income in H1 2018

Immofinanz properties in Romania have a value of 807.7 million euros, 19% of the Austrian company's total portfolio, and in the first half of the financial year 2018 rental income totaled 23.6 million euros, or 19.8% of the group's revenues, shows the company's financial report.

Immofinanz leased more than 15,000 square meters of office space in Bucharest in the first half of this year

Immofinanz, one of the largest owners of office buildings in Bucharest, has leased over 15,000 square meters in the first half of this year. This represents 8% of the total office space available for rent at this time.

IMMOFINANZ sells two plots of land from in northern Bucharest to SPEEDWELL

IMMOFINANZ, one of the largest real estate investors in Romania, has sold two plots of land, part of the portfolio of the residential developer Adama to Speedweel Real Estate Development.

IMMOFINANZ doubled the results of operations to EUR 35.5 million in the first quarter of 2018

IMMOFINANZ doubled the results of operations to EUR 35.5 million in the first quarter of 2018 compared to the results registered in Q1 2017, EUR 17.8 million.

Fulga Dinu, the new country manager of Immofinanz in Romania

Fulga Dinu took over as Country Manager Operations Immofinanz Romania and coordinates the development of the company on the office and commercial centres market.

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