Country News
13.12.2016

IMMOFINANZ leases 16,000 sqm of its Bucharest office portfolio

IMMOFINANZ has signed numerous new contracts and extensions of existing agreements with tenants in the local office sector since June 2016, accounting for a total of over 16,000 sqm of space. The company has attracted new tenants and signed lease expansions for 11,500 sqm and has prolonged existing contracts for another 4,500 sqm.

Among the new IMMOFINANZ tenants are media group Ringier, which will occupy almost 2,500 sqm in Iride Business Park, TV production company Sinevizyon, which leased over 2,000 sqm in Pipera Warehouse, and one of the main players in the auto market in Romania, which has signed an agreement for around 1,500 sqm in North Center.