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The small city on the former Electronica factory plot in Bucharest

The transformation of the Electro­nica factory in Pipera into the office complex Iride represents, according to data from the real estate consultant Esop Con­sulting, the first large reconversion of a Bucharest factory, being at the same time the oldest and the most expanded in the future.

Local assets bring 13 pct. of Immofinanz’s revenues

Austrian group Immofinanz, one of the largest players on the local real estate market, has obtained in the first quarter of the fiscal year 2014-2015, closed on 31st of July, revenues from rents in Romania of EUR 11.8 million, a similar value to the one registered in the same period of last year.
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