AFI Europe leases 1,800 sqm to FotoNation

February 29, 2016
Business Review

The AFI Park 4&5 office building in Bucharest has reached a 60 percent occupancy rate after signing a leasing agreement for 1,800 sqm with FotoNation, Afi Europe, the project’s developer announced this Monday. Over the next months the developer expects to fully lease the building, according to company representatives.

AFI Park 4&5 (32,000 sqm GLA) is the last phase of AFI Park, a 70,000 sqm (GLA) office project located in center-west Bucharest near the AFI Cotroceni shopping mall (82,000 sqm GLA), AFI Europe’s flagship project in Romania. Among the new tenants in AFI Park 4&5 are companies such as Cameron, SII Romania and ORTEC Central & Eastern Europe.

The developer boasts with the office park attracting mainly IT players. Oher tenants in the project include Electronic Arts, Conglomerate TELUS International, UK-held Endava Romania, Microchip Technology, Sparkware Technologies and Cameron Romania, part of US Cameron Group.