AFI Europe leases 100% of the office space in AFI Park 3 with the leasing of 6,000 sqm to TELUS International Europe

Bucharest, August 11th, 2014:

AFI Europe Romania completed the leasing of the first three office buildings in the AFI Park project with the signing of a 6,000 sqm pre-lease agreement in AFI Park 3 with TELUS International Europe, part of TELUS International, a provider of Business Process Outsourcing (BPO) and contact center solutions to clients around the world.

TELUS International Europe has leased 5 floors in AFI Park 3 for a period of 5 years.

“We are very happy to welcome a multinational company such as TELUS International in AFI Park. The signing of this lease agreement demonstrates the intention of a large BPO to invest in upgrading their office spaces for the benefit of their employees, while taking under consideration the possibility of future expansion within the Park. Today, in order to attract the most valuable employees, companies focus on securing an excellent office location, easily accessible by metro, tram and private cars and surrounded by services and amenities, such as AFI Park, which is served by AFI Cotroceni shopping mall. In addition, due to its superior technical specifications, which correspond to the needs of multinational companies, AFI Park continues to grow as the major IT&C HUB in Bucharest,” said David Hay, CEO, AFI Europe Romania.

“At TELUS International, our caring culture and our commitment to putting customers first helps us enable customer experience innovation. The AFI Park, with state of the art offices in the proximity of the largest mall in Romania, provides a convenient business environment. Offices in AFI Park not only fit our unique culture, it will also help us maintain high team member engagement, differentiating us in the Romanian market as an employer who provides the best work environment and as a top BPO provider with a world class delivery hub,” said Yann Bidan, Country Manager, TELUS International Romania.

“TELUS’ decision to expand its operations into AFI Park represents not only proof of the high quality of the project, but also a massive vote of confidence for the increasing attractiveness of our local market as “the place to be” for large BPOs across the Globe. Romania ranks among the top favorite outsourcing & offshoring destinations in the CEE; Bucharest, specifically, has been rapidly expanding its O&O occupier base between 2010-2013. However, such a positive evolution could not have taken place without the efforts of well-reputed developers, such as AFI Europe, to build a consistent, high-quality, class A office stock”, stated George Didoiu, Senior Associate within the Office Agency of Colliers International, the consultant who mediated the lease on behalf of TELUS International Europe.

The construction of AFI Park 3 began in June 2013 and the building is planned to be delivered to its tenants at the end of this year. AFI Europe has previously signed a pre-lease agreement with British held IT Company Endava Romania for four floors in the third building of AFI Park with a secured option for additional spaces to be leased according to Endava’s expansion plans.

Following this recent agreement with TELUS International, with the entire AFI Park 2 occupied by Electronic Arts and with AFI Park 1 fully leased, AFI Park managed to achieve a 100% occupancy rate for the office spaces in the first 3 buildings.

In April this year AFI Europe commenced construction of AFI Park 4&5, the 4th phase of the award winning office project, targeted to be finalized in October 2015.

AFI Park 4&5 is constructed as one building served by two lobbies. The building shall total GLA of 32,000 sqm spread over 12 floors of offices served by 2 underground parking levels and Ground floor for providing commercial spaces. The building shall offer a floor plate of 3,000 sqm.

About TELUS International:

TELUS International Europe (formerly CallPoint) is a leading European provider of multilingual contact center and BPO solutions. The company serves its clients in over 30 languages including English, French, German, Italian and Spanish. TELUS International Europe has 1,600 positions in Europe across seven delivery centers located in: Sofia and Plovdiv (Bulgaria); Bucharest and Craiova (Romania); Manchester and Cannock (UK).

TELUS International Europe is a proud member of the TELUS International family. TELUS International is a global business process outsourcing company with over 16,000 team members around the world, including in Canada, the United States, Europe, Central America and the Philippines.  With over 150 million customer interactions annually via voice, email, chat and social media across the telecommunications, utilities, finance, retail, and high-tech industries, TELUS International enables customer experience innovation through spirited teamwork, agile thinking, and a caring culture that puts customers first.

As the global arm of TELUS Corporation, TELUS International is backed by a leading national telecommunications company in Canada, with over $11.5 billion in annual revenue and more than 13.3 million customer connections.  For more information, visit:

About AFI Europe Romania:

AFI Europe operates in Romania since 2005. The company has developed and is managing “AFI Cotroceni”, the biggest and most dominant shopping mall in Romania and among the biggest shopping malls in the CEE region. The project spreads over a leasable area of more than 80,000 sqm and offers to its visitors a large entertainment area with multiple leisure options and a variety of over 300 shops of local and international brands, visited by 55,000 customers per day.

On October 3rd, 2013 AFI Europe inaugurated AFI Ploiesti, the first and only modern shopping mall developed in the city centre of Ploiesti, following an investment of over EUR 50 million. The shopping mall offers a total gross leasable area (GLA) of 33,000 square meters spreading over two retail floors occupied by 100 national and international brands, including more than 7,000 sqm of entertainment.

Adjacent but fully integrated into AFI Cotroceni shopping mall, AFI Europe Romania is currently developing AFI Park, Bucharest’s newest and most advanced Class A business Park, which has achieved 100% occupancy rate of its office spaces. AFI Park offers more than 65,000 of office leasable area, currently targeted by multinational IT&C corporations. The first office building “AFI Park 1“, with 12,250 sqm of leasable area, is 100% leased. On April 15, 2014 AFI Europe inaugurated “AFI Park 2” with 12,200 sqm of GLA and is 99.5% leased, while “AFI Park 3“ which is due to be delivered in December 2014 is 100% pre-leased to Endava Romania and TELUS International Europe. In April 2014 AFI Europe Romania has also commenced construction of AFI Park 4 & 5 office building that will offer additional 32,000 sqm of gross leasable area to the project and is planned to be delivered in Q4 2015.

In addition, AFI Europe Romania has two retail projects to be developed in the near future, “AFI Arad”, a 30,000 sqm GLA retail park to be developed in the city centre of Arad, on a land plot of 80,000 sqm and “AFI  B.Noi”, a 36,000 sqm GLA Shopping Mall to be developed in Bucure?tii Noi district 1 of Bucharest.

In the office segment, AFI will develop AFI Business Park Bucharest, a 50,000 sqm of GLA class A business park to be located in close proximity to the J.W. Marriott hotel and the Romanian Parliament in Bucharest’s district 5. The business park will comprise of 2 low rise office buildings and one office tower, with ample green areas, a high tech/campus style environment in an urban complex with a central plaza & gardens.