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Related news

AFI starts the construction of the last two office buildings near Cotroceni mall

AFI Europe Romania starts the construction of the last office towers in the close vicinity the mall AFI Palace Cotroceni.

Bucharest’s AFI Palace Cotroceni increases income by 6.5 pct in 2013

The AFI Palace Cotroceni shopping mall in Bucharest increased its net operating income by 6.5 percent in 2013, above the initial target, to a total of EUR 28.7 million, announced today representatives of AFI Europe Romania, the project’s developer and property manager.

AFI Cotroceni sales exceeded EUR 200 million in 2013

Official numbers show 5-6% growth f the retail market last year and the results are also present in Afi’s case. The results of the mall will reflect the situation in the retail market, said Israel Vizel, manager mall division AFI Europe.

New Hub for IT Multinational Companies in Romania

Transactions involving office spaces in Romania’s capital city Bucharest exceeded 300,000 square meters in 2013, the highest volume reported in the last six years, with one third of the transactions closed by IT&C companies.

Hay, AFI Europe: Financing stays difficult even for good projects

Financing stays difficult even for good projects and experienced developers, said David Hay, the head of AFI Europe Romania, which hopes though to get financing for the office buildings AFI Park 2 and 3 and refinance the loan for AFI Cotroceni by its due date, May 25th.

Endava pre-leased 40% of the third office building in AFI Park

AFI Europe Romania signed the first lease in the third building in the office project AFI Park. The IT company Endava rented 40% of the rentable area in the office building AFI Park 3.

AFI develops additional 27,000 sq. m offices in Bucharest

AFI Europe Romania will start in the first quarter of this year the construction of additional 27.000 sq. m to the rentable area within AFI Park 4 and AFI Park 5 in Bucharest.

AFI Europe’s Retail Assets Market Value in Romania

The two malls in Romania of the Israeli developer AFI Europe, situated in Bucharest and Ploiesti reached a total market value of EUR 433 million.

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