News Article AFI Europe Bucharest lease retail Romania
by Ákos Budai | Retail

German fashion retailer Peek&Cloppenburg has leased 5,200 sqm in the extension of the AFI Palace Cotroceni shopping mall in Bucharest. Extension work to add 6,800 sqm of GLA to the mall is to be completed in May, bringing the total leasable area up to approximately 90,000 sqm. Peek&Cloppenburg’s new store is set to open this autumn.

“In 2016, we have introduced new brands, such as Fossil, Tally Weijl or Tezenis and we launched the most modern indoor adventure park in Romania, unique among European shopping centres. In 2017 we will continue our strategy to innovate, develop and expand the offer of brands, both in the field of fashion and entertainment,” commented Sorin Scîntei, General Manager AFI Cotroceni.