IMMOFINANZ signs ten-year rental agreement with Profi for 4,000 square meters

Mihai-Alexandru Cristea 17/03/2022 | 15:51

IMMOFINANZ, one of the most important companies active on the Romanian real estate market, announces the signing of a ten-year lease agreement with the retailer Profi. The contract applies to workspaces located on an area of over 4,000 square meters, equivalent to four floors of the Baneasa Airport Tower building.

 

“The deal comes on the completion of an extensive refurbishment project of the Baneasa Airport Tower building, part of IMMOFINANZ’s strategy of continuing to adapt to the current needs of its tenants and offering the best possible conditions for medium and long-term development. Our tenants now have access to the highest level of health security. We are pleased with the long-term partnership with Profi, one of the most important investors in the food retail sector, with important development prospects on the local market”, said Fulga Dinu, Country Manager Operations IMMOFINANZ Romania.

“The current specificity of the labor market of the specialized staff requires that we offer in Bucharest more jobs for our specialists who do not take into account the possibility of relocating to Timisoara. We constantly improve the standards in our network, so we rearrange our offices in Timisoara and we prepare to increase the number of the offices in Bucharest in order to offer our current and future colleagues working conditions according to the current trends in the top European companies”, stated Pawel Musial, General Manager of Profi network stores.

The area rented by Profi is for offices and is located on the top four floors of the Baneasa Airport Tower. Baneasa Airport Tower building has a total leasable area of 6,931 sqm and is organised on nine levels: two underground, one ground floor, plus six upper floors. The transaction was intermediated by the agency Jones Lang LaSalle Romania.

We are honored by the long-term collaboration with PROFI and we are glad that we found in Immofinanz a partner who understands and constantly adapts to the needs of their clients. The transaction is a signal of PROFI’s confidence in the positive evolution of the market and a boost for the morale of the industry, anticipating a favorable course in the coming months “, declared Viorel Opaiţ, Business Development Director at JLL Romania.

IMMOFINANZ carried out during 2021 an extensive modernization project of the office buildings in its portfolio, including full DEKRA certification, which testifies to the implementation of the best practices of the World Health Organization (WHO) guidelines for the prevention of SARS-CoV-2 infection.

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