Romanian properties bring a fifth of Immofinanz’s rent revenues

Real estate investment company Immofinanz cashed in EUR 49.8 million in rents from its 15 properties in Romania. The amount covered 21.2% of the group’s total revenues from rents, according to Romania-Insider.com.

In Romania, Immofinanz owns nine office buildings, and six retail units, with a 94.6% occupancy rate.

The fund finalized EUR 622 million worth of investments in Romania. Its local properties cover 19.6% of its total portfolio value.

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