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Immofinanz: Stefan Schönauer Appointed Chief Financial Officer, Dietmar Reindl’s Executive Board Contract Extended

The IMMOFINANZ Supervisory Board recently appointed Stefan Schönauer as Chief Financial Officer for a period of three years, effectively immediately. He succeeds Birgit Noggler, who resigned from the Executive Board at her own request as of 19 February 2016. The Supervisory Board also approved a four-year extension in the term of office for Dietmar Reindl.

Romanian properties bring 14 pct of Immofinanz income in first half of financial year

In the first half of the 2015/16 financial year, rental income from the Romanian properties of the Immofinanz group reached EUR 22.2 million, accounting for 13.9 percent of the developer’s total rental income. The numbers were stable, with the previous period registering EUR 22.5 million in income, group representatives inform.

Immofinanz sells logistics portfolio to Blackstone

Immofinanz has signed a contract with Blackstone for the sale of its entire logistics portfolio. The transaction covers all 36 logistics standing investments with up to one million sqm of rentable space, which are located for the most part in Germany (24 properties) as well as in Hungary (5), Romania (3), Poland (2), Slovakia (1) and Russia (1).

Immofinanz to let a third of the first phase of LOG.IQ Bucharest

Immofinanz, one of the major real estate investors in Romania, announces pre-lease contracts in LOG.IQ Bucharest, the company’s newest logistic project in Mogosoaia.

Sorin Vişoianu, Immofinanz: Romanian real estate effervescence confirms the economy’s ascending trend

Sorin Vişoianu, country manager office & logistics for Romanian and Bulgaria within Austrian group Immofinanz, says that the local real estate market gave signs of recovery, more projects being announced or already started by the investors.

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.

IMMOFINANZ with new brand and web presentation – focus on customer orientation

Under the motto “Space to succeed” IMMOFINANZ has launched a new brand and Internet presentation. The core of the brand philosophy is formed by a strong customer and market orientation, which is also reflected in an updated, modern presentation. The logo with its variable frame highlights the importance of space for success and underscores the company’s flexibility in meeting a wide variety of customers’ needs.
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