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Related news

Melisron mulls buying Africa Israel's Romanian properties

Africa Israel's main Romanian property is the NIS 1.9-billion (EUR 441 million) AFI Palace Cotroceni Mall.

AFI Park 4&5 reach 50 pct occupancy rate two weeks before delivery

Two weeks before being delivered, AFI Park 4&5 reached a 50 percent occupancy rate, real estate developer AFI Europe Romania announced. This means that 16,000 sqm have been pre-leased of the total surface of the towers.

AFI Europe celebrated the opening of the 3rd building in the office project AFI Park

AFI Europe celebrated on Wednesday the opening of the 3rd building in the award winning office project AFI Park.

AFI Europe delivers third building of AFI Park in Bucharest

Real estate investment and development company AFI Europe has completed the third building of its AFI Park office project in Bucharest, the company announced on Tuesday.

AFI Europe: We think about selling the offices near Cotroceni mall

Israeli group AFI Europe, controlled by the businessman Lev Leviev, is analysing the selling of the office buildings developed near AFI Palace Cotro­ceni mall in Bucharest, but is expecting the institutional investors entry on the local market, which are able to pay higher prices compared to current opportunistic funds active in Romania.

Owners of AFI Palace Cotroceni shopping mall in Bucharest foresee EUR 30 mln income this year

AFI Palace Cotroceni shopping mall in Bucharest, AFI Europe’s largest and most important asset, posted a net operating income of EUR 7.4 million in the third quarter of 2014 and of EUR 22 million in the first nine months, representing a year-on-year increase of 4%.

David Hay, AFI Europe: We have big plans for next year

The local development plans of AFI Europe include the expansion of AFI Cotroceni mall, the completion of the building 4 and 5 of the office project AFI Park, as well as the beginning of the INOX office project in 2017.

AFI Europe to get EUR 32 million loan from BCR to finance office buildings

BCR lends EUR 32 million to AFI Europe for the completion of the office buildings AFI Park 2 and AFI Park 3. The financing includes EUR 17 million investments loan for AFI Park 2 and a development loan of EUR 15 million for AFI Park 3.

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