01.13.2012

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 Immofinanz, more

12.07.2011

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 surroundings. more

11.09.2011

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. more

10.28.2011

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 investment. The more

08.22.2011

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 timeframe is more

08.04.2011

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 million. more

06.30.2011

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 quarter of more

06.16.2011

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. more