Pavăl Holding Properties, a real estate investment firm owned by the Pavăl family, strengthens its Romanian office portfolio by acquiring seven major projects from CA Immo. The new division, Europolis Office, will be headed by Marian Roman, one of the property market’s most respected leaders and previously in Romania where he oversaw the operations of CA Immo.
The portfolio acquired by Pavăl Holding Properties has a gross leasable area of approximately 165,000 square meters and is considered the most complex and long-term successful office portfolio in the Romanian market. His seven projects in Bucharest Business Park, Campus 6.1, Europa House, Opera Center 1 and 2, Orhidea Towers and River Place are strategically located near major metro stations and Bucharest’s largest university.
Even though the building has changed new owners, the management team responsible for the portfolio’s success over the years remains the same. The team will continue to be led by Marian Roman, who has overseen CA Immo’s local operations for the past 12 years.
“This major investment has reaffirmed our confidence in the long-term potential of the Romanian real estate sector. Pavăl Holding’s portfolio is now integrated into top-performing office buildings in prime locations in Bucharest. More than that, we are also pleased to retain a solid and experienced local management team to ensure the success of our portfolio. Combined with our 165,000 square meter office, we can say that we have over 100 years of experience.said Karina Pavăl, Vice President of Pavăl Holding.
Led by Marian Roman, the team has more than 20 years of experience in all real estate processes, from development and leasing to real estate and asset management, and is gradually building CA Immo’s position as one of the most important office landlords in Romania. I have hardened.
“I am delighted to join the Paval Holding team and contribute to the development of a 100% Romanian premium real estate portfolio. Our track record of long-term rentals of 15+ years and stable portfolio occupancy at near 100% is the result of team effort.” Marian Roman, Managing Director, Europolis Office Division, part of Pavăl Holding Properties, said:
Blue-chip companies from various industries such as IT&C, Finance – Banking, Retail, Medical and Pharmaceutical industries are located in Bucharest Business Park, Campus 6.1, House of Europe, Opera Center 1 and 2, Orhidea Towers and River Place. Tenant lease terms in these buildings have set new records in the Romanian market, with portfolio occupancy rates historically above 90%.
The real estate deal closed by Pavăl Holding is the largest transaction ever completed in Romania and also the largest real estate investment by a 100% Romanian company, setting two records in the local real estate market.
https://www.romaniajournal.ro/business/marian-roman-managing-director-for-the-europolis-office-division/ Marian Roman, Managing Director, Europolis Office Division