News Article Afi Europe Brasov Construction Development Retail Romania
by Ákos Budai | Retail

AFI Europe set the cornerstone of AFI Brasov, the company’s third shopping mall in Romania and announced the advancement of construction works. AFI Brasov will include 200 shops and retail units with 80% of total space already leased. The first stage of construction includes a shopping center with a total gross leasable area of 45,000 sqm and one of the two Class A office towers that stretch over an area of 25,000 sqm GLA. The investment at this stage is of over €120 million. The company estimates that the delivery date of the project is Q1 2019.

French retailer Carrefour was the first anchor of the shopping center with an area of 6,500 sqm. AFI Brasov shopping center will enjoy an attractive mix of tenants. Inditex Group will bring to AFI Brasov on an area of 7,000 sqm its main brands such as Zara, Bershka, Stradivarius, Pull and Bear, Oysho and Zara Home. Other international brands at the shopping mall will include Sephora, Tommy Hilfiger, Swarovski, Teilor, Kultho, Meli Melo, Optiplaza, Lee Cooper, Kenvelo, Tom Tailor, Intersport, Carturesti and MAC.
The new investment will create over 2,000 jobs and aims to become the new city center of interest and the preferred destination for shoppers, tourists, the business community and multinational IT&C companies.

The new shopping center will provide its guests with over 1,700 parking spaces and will have a 3,500 square meter green terrace, a cinema area with 10 VIP rooms, a 600 square meter casino, 1,200 square meters of entertainment, playgrounds and other attractions for children, restaurants and coffee shops.
AFI Brasov is the third AFI Europe commercial center developed in Romania, after AFI Cotroceni, the biggest mall in Romania (90,000 sqm GLA) and AFI Ploiesti (34,000 sqm GLA).