AFI Europe completes first resi project in Bucharest

23
Jul
2020
News - AFI Europe completes first resi project in Bucharest #AFI Europe #Bucharest #development #green #residential #Romania #sustainability

by Property Forum | Residential

AFI Europe Romania has finalized and completely sold phase I of AFI City, the first residential project developed by the company in Romania. The first phase consists of 190 apartments and 228 parking lots, and is located in northern Bucharest, in the Bucurestii Noi neighborhood.


AFI Europe Romania has finalized the development for the first phase of AFI City, the company’s first residential project on the Romanian market.  The project’s first phase consists of 190 apartments and 228 parking spaces above ground, located in Bucurestii Noi.

Upon the completion of this first phase, AFI City received the Green Homes Certification, based on a thorough examination from the Romania Green Building Council (RoGBC). Following the certification, AFI City became one of the few residential projects in Romania to be recognized accordingly, due to its high standards dedicated to reducing its impact on the environment. Previously, the project had been pre-certified by RoGBC.  

As per the certification, apartments in AFI City are eco-friendly, the construction materials used are sustainable and with a low environmental footprint. The buildings have enhanced energy efficiency, translated into lower utility bills for those who live in AFI City. The complex has also made available parking lots designed for electric vehicles, so residents can charge their cars while at home. 

The development of AFI City began in the second part of 2018, following an overall investment of €16 million for the first phase. The new residential complex provides several facilities to residents, including immediate proximity to public transportation, including the Laminorului subway station in front of the project, a playground and generous green recreational areas.




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


Latest news

News - Development JV buys large land plot in Prague
17
Apr
2026

Development JV buys large land plot in Prague

by Property Forum
JSK Investments, Notino Limited and other partners have completed the sale of a full stake in Lusima AD Property, which owns development land on Spojovací Street in Prague's wider city center.
Read more >
News - CTP signs 25,000 sqm Metro lease at Sofia West park
17
Apr
2026

CTP signs 25,000 sqm Metro lease at Sofia West park

by Property Forum
Industrial developer CTP has signed a long-term lease agreement with Metro for a 25,000 sqm warehouse facility at CTPark Sofia West.
Read more >
News - Polish office market grapples with increasing fit-out costs
17
Apr
2026

Polish office market grapples with increasing fit-out costs

by Property Forum
The Polish office market is entering a new phase where fit-out costs are rising while move-in-ready space becomes scarce, according to an Axi Immo analysis.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy