AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.
Doron Klein, CEO of AFI Europe Romania and Czech Republic, spoke with Property Forum about the increasing trend of employees returning to the office and the company’s first build to rent project in Romania.
AFI Europe has appointed Luciana Giurea as the new Head of the Residential Division, tasked with overseeing all residential real estate projects – for rent or sale – in Romania. She will also drive the development of the division within the company.
AFI Europe has completed the construction of its first retail park developed in Romania, located in the city center of Arad, with its inauguration scheduled for November 1.
Doron Klein, the CEO of AFI Europe Romania and The Czech Republic, has been appointed as Deputy CEO of AFI Europe group, in addition to his current position.
AFI Europe has officially started the development of its first Romanian retail park in Arad. The project will have a leasable area of 29,400 sqm and has already reached an occupancy rate of 70%.
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.
The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.
Fortress Logistics Real Estate, part of South African global investment platform, has set up office in the third floor of the Metropolitan building on Piłsudski Square. The Warsaw office will overlook the Ministry of Culture and the Raffles Europejski Hotel.
Promenada Mall, owned by Nepi Rockcastle, has completed the first stage of its food court modernisation, spanning 1,000 sqm, with the opening of eight new restaurants.
New appointments
Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.
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