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AFI EUROPE

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Retail&Consumer

AFI Europe: Higher Sales Of Retailers In AFI's Romanian Shopping Malls Point To Economic Revival

The higher sales and visitors of Romania’s retailers in AFI shopping malls on the local market during the first half of 2015 is a sign of economic revival, according to David Hay, CEO with t...

Manuela Panescu · 27.07.2015 · 16:00 · 1 min
AFI Europe Gets EUR39M Financing From Leumi For AFI Park 4, 5
Retail&Consumer

AFI Europe Gets EUR39M Financing From Leumi For AFI Park 4, 5

Real estate developer AFI Europe has signed a financing agreement worth EUR39 million with Bank Leumi Romania, for completing the construction of office buildings AFI Park 4 and 5, the fourt...

Gabriela Stan · 20.07.2015 · 13:00 · 1 min
AFI Buys 40,000 Sqm Land In Brasov To Build Shopping Mall And Offices
Real Estate

AFI Buys 40,000 Sqm Land In Brasov To Build Shopping Mall And Offices

AFI Europe has bought a plot of 40,000 square meters in the center of Brasov, where it plans to build a shopping center with a leasable area of 45,000 sqm and a class A office development of...

Oana Gavrila · 14.07.2015 · 10:57 · 1 min
AFI Europe Invests EUR14-15M To Expand AFI Cotroceni Shopping Mall
Real Estate

AFI Europe Invests EUR14-15M To Expand AFI Cotroceni Shopping Mall

AFI Europe is going to expand the entertainment area of AFI Cotroceni shopping center by 1,000 square meters, as well as the spaces of fashion retailers and the parking area by another 7,000...

Ecaterina Craciun · 16.06.2015 · 13:32 · 1 min
Vizel, AFI Europe: Bucharest Market Not Oversaturated With Malls
Real Estate

Vizel, AFI Europe: Bucharest Market Not Oversaturated With Malls

Bucharest’s mall market is not oversaturated, despite the openings in the last few years, says Israel Vizel, the manager of the shopping center division of AFI Europe, the owner of AFI Palac...

Loredana Frățilă-Cristescu · 16.06.2015 · 00:00 · 2 min
AFI Europe Rental Revenue In Romania Neared EUR9M In 1Q
Real Estate

AFI Europe Rental Revenue In Romania Neared EUR9M In 1Q

AFI Europe Romania had net operating revenue of nearly EUR9 million in the first quarter, 8.1% higher than in the first quarter of 2014, mainly driven by its two new office buildings in Buch...

Oana Gavrila · 20.05.2015 · 11:53 · 1 min
Retail&Consumer

AFI Europe 2014 Net Operating Income Up 20% At EUR37M

AFI Europe registered net operating income of EUR37 million in 2014, up 20% on the year, from the renting of AFI Palace Cotroceni and Ploiesti shopping malls and the first two office buildin...

Gabriela Stan · 10.03.2015 · 17:42 · 1 min
AFI Europe To Extend AFI Cotroceni Shopping Mall Spaces
Real Estate

AFI Europe To Extend AFI Cotroceni Shopping Mall Spaces

AFI Europe started the expansion and reorganization of the spaces in AFI Palace Cotroceni shopping center, the company said in a statement.

Gabriela Stan · 19.01.2015 · 17:23 · 1 min
AFI Europe Posts EUR27M Net Operating Income In January-September
Real Estate

AFI Europe Posts EUR27M Net Operating Income In January-September

AFI Palace Cotroceni and Ploiesti shopping malls and the first two office buildings in AFI Park in Bucharest generated net operating income of over EUR27 million in the first nine months of...

Gabriela Stan · 19.11.2014 · 12:03 · 2 min