IMMOFINANZ
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Immofinanz Revenue In Romania Falls To EUR34.1M In Apr 30-Jan 31
Real estate investment company Immofinanz Austria reported revenue worth EUR34.1 million in Romania between April 30, 2011 and January 31, 2012, compared to EUR34.6 million in the same timef...
Adama Founder David Flusberg Gets EUR0.67M Severance
The former president and founder of realty developer Adama, David Flusberg, received EUR675,000 upon his departure from the company’s helm, after the company was taken over by Austrian Immof...
Immofinanz Has 42 Residential Projects In Romania
Austrian Immofinanz has 42 residential projects in Romania, with a total surface of 1.4 million square meters upon completion, with most of the property located in Bucharest or its surroundi...
Immofinanz Completes Acquisition Of Residential Property Developer Adama
Austrian property investor Immofinanz Wednesday said it has completed the acquisition of the remaining 69.22% stake in realty developer Adama, in a deal worth EUR42.43 million.
Immofinanz Opens Maritimo Mall In Constanta This Friday
Austrian investment fund Immofinanz, the largest foreign investor on the Romanian real estate market, opens the Maritimo mall in Constanta on Friday in the wake of a EUR100 million investmen...
Immofinanz Keeps Plans Ahead Of “Pending” Residential Market Upturn
Austrian realty developer Immofinanz reaffirmed in its annual reports the intention to build housing on the Ventilatorul and Rocar platforms it owns in Bucharest, adding that although a time...
Immofinanz To Open EUR100M Maritimo Shopping Center In Constanta
Austrian property developer Immofinanz Thursday announced the opening of the Maritimo shopping center in Romanian southeastern city of Constanta, following an investment of over EUR100 milli...
Immofinanz Gives A Behind-The-Scenes Look Into The Adama Deal
Buying a company that holds plots for the construction of 10,000 apartments in Romania does not seem the best decision when the market is still frozen. However, when the price paid is a quar...
Immofinanz Acquires Full Control Over Residential Property Developer Adama
Austrian property investor Immofinanz Thursday said it has acquired full control over realty developer Adama, after purchasing the remaining 69.22% stake for EUR42.43 million.