ARTICLES LABELLED WITH TAG afi-europe
04
Apr
2019
Apr
2019
AFI Europe Romania starts second phase of Bucharest project
AFI Europe Romania will soon start works on the second phase of the €37 million AFI Tech Park Business Campus project in Bucharest.
Read more >
08
Mar
2019
Mar
2019
AFI Europe’s parent-company changes owners
Africa Israel Investments, an international holding and investments company based in Israel, sold the controlling stake in Africa Israel Properties (AIP), the parent-company of AFI Europe.
Read more >
21
Feb
2019
Feb
2019
New Work plans heavy expansion in Bucharest
AFI Tech Park, AFI Europe Romania’s latest business campus in Bucharest, announced two new tenants of AFI Tech Park 1, the first building of the office complex: New Work and Afcon Electra Romania. Following this transaction, AFI Tech Park 1 reaches an occupancy rate of 80%
Read more >
14
Feb
2019
Feb
2019
AFI Europe to buy Casa Radio building in Bucharest
AFI Europe Romania has signed a non-binding letter of intent with Plaza Centers for the acquisition of the majority stake (75%) of the Casa Radio, located in the centre of Bucharest. The value of the offer amounts to €60 million.
Read more >
31
Jan
2019
Jan
2019
AFI Europe invests €40 million in Arad retail park
AFI Europe announced that it would start building a retail park in Arad by the end of this year. The developer will invest €40 million in the project located on an 80,000 sqm land plot, zf.ro reports.
Read more >
02
Jul
2018
Jul
2018
AFI Europe Romania buys €23 million land plot in Bucharest
AFI Europe Romania finalised the acquisition of a land plot in Bucharest, in the proximity of AFI Park 1-5 and AFI Cotroceni shopping mall, with a surface of approximately 43,000 sqm, in a transaction worth €23 million.
Read more >
19
Jun
2018
Jun
2018
AFI Europe launches Bucharest residential project
AFI Europe Romania broke ground this month on AFI City, the first large-scale residential project to be developed by the company in Romania. TGC was assigned as the general contractor for the first phase of the project.
Read more >
18
Jun
2018
Jun
2018
AFI Europe Romania names new CEO
AFI Europe Romania announced the appointment of Doron Klein as CEO of the company starting from July 2018. Doron currently leads AFI Europe’s Czech operations. He will replace David Hay, who held the position of CEO of AFI Europe Romania over the past seven years.
Read more >
23
Mar
2018
Mar
2018
David Hay resigns as CEO of AFI Europe Romania
David Hay has resigned as CEO of AFI Europe Romania and announced his intention to seek out other opportunities outside the company. AFI Europe is currently working on three projects in Romania: AFI Brasov, AFI Tech Park in Bucharest and AFI City.
Read more >
14
Feb
2018
Feb
2018
AFI Europe to start first residential project in Romania
AFI Europe Romania has received the building permit that allows for construction works to begin on AFI City, the first residential project developed by the company in Romania. The building process has been divided into phases, the first one being scheduled to begin in the next 2 months.
Read more >
Latest news
- Trigea acquires Wola Center in major Warsaw office deal
- Panattoni delivers 15,000 sqm factory for E.G.O. in Łódź
- P3 signs new Mexen deal for 41,000 sqm warehouse in Poland
- SCF launches retail park fund targeting 10% annual returns
- CEE property markets set for growth in 2026 amid supply gaps and modernization
- Jared Kushner abandons plans for Trump-branded hotel in Serbia
- Hubix invests €20 million in resi project near Bucharest
- DL Invest Group buys Platan Park Warsaw
- Offices still dominate – What could challenge them next?
- Manova Partners sells Amazon warehouse in Slovakia
New leases
- Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
- Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
- Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
