IMMOFINANZ rents 11,000 sqm building in the IRIDE park to the Provita Group

20 April 2021

IMMOFINANZ has signed a 25-year lease for an area of approximately 11,000 sqm to Provita Group, one of the leading medical center operators in Romania. Provita will fully occupy the recently modernized IRIDE I eighteen building, part of the IRIDE park, and will open a multidisciplinary hospital here.

The arrangement works of the new hospital will start next month, and the hospital will be operational at the beginning of next year. The estimated value of the investment is EUR 12 million.

“The partnership with Provita is a success for us, and the transaction signed at the beginning of this month is of major importance for both companies, especially during this period. Iride Park is a business hub with a fantastic potential in which, as a result of this agreement, we intend to bring a new type of services that will give the area greater diversity and visibility “, says Fulga Dinu, Country Manager Operations, Immofinanz Romania.

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