ARTICLES LABELLED WITH TAG AFI Europe

AFI Europe, an international investment group, is to buy shares in the Towarowa 22 project in Warsaw. AFI Europe and Echo Investment will jointly develop the commercial part of this complex. Echo Investment will independently be the investor of the residential part and the developer of the entire project.

AFI Europe has taken stock of the results for 2021, a year in which it has been fully committed to implementing its new corporate strategy focused exclusively on rental housing. The company is currently constructing four buildings in three residential projects in Prague. It plans to complete the larger part of them this year.

AFI Europe has completed the rough construction of an apartment building in the newly built AFI City district in Prague 9 - Vysočany. A total of 640 apartments are being built on a brownfield site near the Kolbenova metro station, exclusively for rental housing in two separate buildings, which will also include commercial space for shops, services and a restaurant. The construction of the first of them, with 313 units, has just moved towards completion and is successfully heading towards completion in Q4 2022.

Property developer AFI Europe has taken over two plots of land in northern Bucharest, in a deal worth €12 million, for the development of its first build-to-rent residential project. 

AFI Europe has completed the shell of the fifth and final phase of the Tulipa Třebešín residential project which is intended purely for rental housing and completes a large-scale development on a 5-hectare urban brownfield site in Prague 3 - Strašnice. The building will offer a total of 61 residential units with an expected completion date of Q3 2022. The general contractor is Imos Brno. AFI Europe's total investment in Phase 5 will exceed CZK 250 million.

Property developer AFI Europe aims to secure permits for a new mixed-use scheme that would be located near its Bucharest-based shopping centre. 

AFI Europe has completed the €66.5 million acquisition of the Avenir Business Park in Prague 5 from Tristan Capital Partners. The office complex, offering more than 25,600 sqm of premium office space, is close to 100% occupancy. Long-term tenants include companies such as ČSOB (belongs to the KBC Group), ING, Porsche, McDonald's, Conduent, Dermacol, Simac Technik and Coloplast.

Real estate developer AFI Europe Romania is investing around €1.6 million in the refurbishment of common spaces in the AFI Lakeview office project, in northern Bucharest. 

AFI Europe has signed an agreement for the purchase of Avenir Business Park in Prague 5 owned by Tristan Capital Partners. The office complex, offering more than 25,600 sqm of premium office space, is close to 100% occupancy. Among its tenants are companies such as CSOB, ING, Porsche, McDonald’s, Dermacol and Coloplast.

Developer AFI Europe completed the second phase of the construction of the Skyline Belgrade mixed-use project, a 3-story building, totalling over 3,800 sqm of prime office and retail space.