ARTICLES LABELLED WITH TAG afi-europe

News - AFI Europe to sell Bucharest office park for €164 million
06
Jun
2017

AFI Europe to sell Bucharest office park for €164 million

by Ákos Budai
AFI Europe signed a pre-agreement to sell AFI Park 1-3 office buildings to Dedeman, a Romanian DIY retail company. The agreement also includes an option to sell AFI Park 4&5. The total price for AFI 1-5 is approximately €164 million. 
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News - AFI Europe to invest €200 million in Belgrade development
02
Feb
2017

AFI Europe to invest €200 million in Belgrade development

by Ákos Budai
Israeli real estate developer AFI Europe plans to invest €200 million euro in the construction of a residential and shopping complex in Belgarde, the Serbian capital’s mayor Siniša Mali announced. 
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News - New tenant for AFI Palace Cotroceni
24
Jan
2017

New tenant for AFI Palace Cotroceni

by Ákos Budai
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.
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News - AFI Europe to sell three Bucharest office buildings
25
Aug
2016

AFI Europe to sell three Bucharest office buildings

by Ákos Budai
AFI Europe Romania has signed a letter of intent for the sale of three of its five office buildings located in AFI Park Bucharest. According to a company report, the letter of intent has been signed in June. AFI Europe wants to sell buildings 1, 2 & 3 of the complex with the option of selling AFI Park 4 & 5 to the same buyer. The name of the possible buyer has not been revealed. 
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Latest news


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.

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