The eight office buildings owned by Immofinanz in Bucharest, totaling 187,000 sqm, generated revenues of €14.2m over the first nine months of its fiscal year 2014/15 and carried an occupancy rate of 77.5 percent. The four retail projects it owns, totaling 147,800 sqm, produced €15.4m in rental income, and according to Mediafax is 90.6 percent occupied. Immofinanz Group’s operating profit in Romania doubled to €18.1m in the period, having reached just €9m for the same period a year before.
