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Europolis to Increase Capital of Its Sema Parc Offices

Austrian investment fund Europolis made the sedond capital increase for the office complex within Bucharest’s Sema Parc, follow first operation made seven years ago.

Immofinanz Revenues From Rents in Romania: EUR 31.4 Million in May-December 2016

Immofinanz, one of the most important players on the real estate market in Romnaia has registered in the period between May and December last year EUR 31.4 million revenues from rents, representing 20.1 pct of the total revenues from rents of the group, according to the company’s release.

Major Transaction For Metroffice – Harman Becomes Anchor-Tenant With Nearly 8,000 M2 Offices

The office complex Metroffice in Bucharest has a new anchor-tenant, the company Harman International, which signed a lease for an office space of 7,700 sqm, a transaction brokered by ESOP Consulting.

Immofinanz Romania Rented More Than 80,000 M2 Offices In 2016

IMMOFINANZ, one of the most important real estate investors in Romania, has rented more than 80,000 m2 from its office portfolio in Bucharest in the short fiscal year 2016, the equivalent of 10,000 m2 per month in the period between May and December last year.

Immofinanz refurbishes five office buildings in Bucharest

Austrian real estate developer Immofinanz will invest in refurbishing five office buildings in Bucharest, with a total rentable area of 100,000 sqm.

Immofinanz reports 3 pct rental income increase in H1 for Romanian properties

Austrian real estate company Immofinanz has seen its rental income increase by 2.9 percent in the first half of the abbreviated 2016 financial year, totaling EUR 22.9 million, according to company data. This represents a 14.9 percent share of the group’s total rental income, according to company data.

Immofinanz leases 16,000 sqm of its Bucharest office portfolio

Immofinanz, one of the important real estate investors in Romania, has signed since June 2016 new partnerships and extensions of agreements with tenants in the local office sector, accounting for a total of over 16,000 sqm. The company has attracted new tenants and expansions for 11,500 sqm and has prolonged existing contracts for another 4,500 sqm in seven of its class A office properties in Bucharest, according to a press release

Competition body authorizes take over by Immofinanz AG of office rental companies

The Competition Council has authorized the takeover by Immofinanz AG of several home rental companies. According to the regulatory body, the move does not infringe competition laws on the Romanian market and does not lead to the creation or consolidation of a dominant position.
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