Uniqa Real Estate Management, the manager of Austrian insurer Uniqa’s real estate assets, is analyzing several real estate projects in Bucharest, although the company is not currently in a position to expand its portfolio.

“Our development is currently on pause. When we’ll however decide that it is time to expand the company’s portfolio, we’ll most likely do it in Bucharest. In Warsaw, where we have several properties, we feel pressure because of the real estate properties that are in progress. Moreover, the yields in Bucharest are higher,” said Heinrich Reuss, head of asset management CEE within Uniqa Real Estate Management, cited by local Capital.ro.

The company owns two office buildings in Romania: Floreasca Tower and Uniqa headquarters, both located in Northern Bucharest.

Irina Popescu, irina.popescu@romania-insider.com