The third office building within AFI Park will be completed this year in December, being fully let to Endava and Telus. The company also develops the buildings 4 and 5 in AFI Park, with a total area of 31,000 sq. m offices, scheduled for completion in December 2015.
AFI Europe received a loan from UniCredit for the first office buildings, while BCR financed the second and third buildings, BCR recently announced that it will lend AFI EUR 32 million for the completion of the office buildings AFI Park 2 si AFI Park 3. The financing includes EUR 17 million investment loan for AFI Park 2 and a development loan of EUR 15 million for AFI Park 3.
Buildings 4 and 5 of the project will be connected through a bridge which will increase the area per floor from 2,500 sq. m to 3,000 sq. m and will both be Leed Gold certified. About the potential tenants, David Hay said no transaction was closed yet, but negotiations were being held.
Regarding other development plans, the head of AFI Europe mentioned the company intended to start in the beginning of 2017 the 50,000 sq. m office project on the former INOX platform, situated between Green Gate offices and the commercial centre Vulcan Value Centre. The project will include two buildings of eight floors each and one building with 15 floors, the focus being of the IT&C and BPO companies. All the buildings will have 3,000 sq. m floor plate with partition possibilities. The project is currently in the design and permits phase.
“We believe in the area. The fact that NEPI has developed the retail park in the area is an advantage, as it offers future tenants the possibility to benefit from services and retail area. It will be a good synergy between the projects. NEPI has done a good job there”, Hay added. (source: wall-street.ro)
