The Romanian portfolio is valued at almost EUR394 million as of March 2022 and includes a leasable 164,557 sqm area, with an 89.9% occupancy rate and annually generating a rent of EUR29.4 million at a 7.5% return.
This is the second biggest return after that of the Serbian portfolio, which stands at 8.5%. The Romanian portfolio accounts for 8% of the total one, valued at EUR5.1 billion.
In Romania, CA Immo has no investment underway. In the last quarter of 2021, CA Immo decided to assess several strategic options for the Romanian market, including a sale of its entire Bucharest office portfolio.
Such a move would mark the biggest deal inked so far on the Romanian market, of almost EUR400 million.
(English version by Catalina Apostoiu)