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Related news

Israeli real estate developer increases revenues in Romania

Israeli real estate developer AFI Europe recorded a net operating income of EUR 22.2 million in Romania in the first six months of the year, up 13.1% over the same period in 2015.

AFI Europe gets new IT tenant in AFI Park 4&5

Developer AFI Europe Romania rented nearly 3,000 sq. m office spaces in AFI Park 4&5 to the company SecureWorks, a company active in the field of information security.

AFI Europe leases 3,000 sqm to expanding Telus International offices

AFI Europe announced it has leased 3,000 sqm of space inside AFI Park 4&5 to Telus International, which already occupies five floors in AFI Park 3 and is expanding its offices. This move brings the office building to a 70 percent occupancy rate.

AFI focuses on offices near residential neighbourhoods in Bucharest

The development of new office projects situated in southern Bucharest will lead to the reduction of the traffic in the North and insuring better conditions for employees, who would thus spend more time with their family.

Growing financial results for AFI Europe

The financial results of the office buildings AFI Park 1, AFI Park 2 and AFI Park 3 have registered 33 pct increase of the net operational venue in the first quarter. The occupancy rate of the three office buildings is 100 pct.

AFI bought 4 ha plot in Braşov for a mixed-use project, including retail and offices

AFI Europe Romania has completed the acquisition of the plot of 40,000 sq. m in the centre of Braşov city, in Romania, where it plans to develop a mixed-use project, including the shopping centre AFI Palace Braşov and the A class office project AFI Park Braşov.

Revenues of AFI Europe in Romania up to EUR 39.4 million last year

Revenues of AFI Europe from renting the shopping centres AFI Palace Cotroceni and AFI Palace Ploiești, as well as the first three buildings within AFI Park office complex totalled last year EUR 39.4 million, up with 7 pct. compared to 2014, according to the company’s financial statement.

FotoNation, new tenant of AFI Park brings occupancy rate to 60 pct

AFI Park 4&5 office buildings owned by AFI Europe România reached 60 pct occupancy rate after the signature of a lease agreement with FotoNation, a TESSERA company, with activity in the field of computing imaging.
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