The Austrian investment fund CA Immo has tripled its revenues over the past year in Romania from €9.4m to €28.5m.
Its Romanian real estate portfolio, which is valued at €410.5m, includes four office buildings (Bucharest Business Park, Riverplace, Center Opera and Europe House ), as well as a logistics project located on highway Bucharest-Pitesti, a retail park in Sibiu and other lands.
The company has announced that it plans to make €300m in asset sales in 2012, and that these will be split between its weatern and eastern European holdings.
