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AFI Europe Romania Q4 and 2016 Financial Results

AFI Europe Romania published its Q4 and 2016 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of more than EUR 46 million during 2016 representing an increase of 15.5% compared to 2015.

In Q4 2016 the NOI generated was EUR 12.5 mil, representing an increase of 23% compared to Q4 of 2015 end.

AFI Cotroceni, the dominant Shopping Mall in Romania, generated a Net Operating Income (NOI) of EUR 33.8 million in 2016, achieving 10% higher results compared to 2015

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