The expansion will complement the project that will be built on the 4.5-hectare plot next to the mall, where AFI can build up to 100,000 square meters.

AFI officials did not comment on the possibility of expanding the office space in the AFI Palace Cotroceni.

The new office space should be built on Vasile Milea, where the sphere housing the IMAX cinema is, which should be included in the new building.

The new investment would enable AFI to tap once more into one of the hottest office space areas in Bucharest, where, on a 500-mile radius, it has access to some 10,000 people working in AFI Park (72,000 square meters of gross lettable area), Global Business Center (10,300 square meter GLA) and Campus 6.1 (22,600 GLA). Moreover, both Skanska and River Development, the developer of The Light, plan significant expansion for their office space projects under construction.

(English version by Loredana Fratila-Cristescu)