In the office segment, AFI will develop AFI TECH PARK, a 56,000 sqm GLA Class A Business Park located in close proximity to the J.W. Marriott hotel and the Romanian Parliament. 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.
AFI TECH PARK manages to answer the expanding needs of IT&C companies in Romania by offering a suitable space in terms of technical specifications accompanied by required expansion options. The fact that the Business Park is located in Downtown Bucharest and not in City Outskirts provides the Park the unique advantage sought after by multinational companies in Romania.
AFI Europe Romania is planning to develop phase 1 of AFI City, a large scale residential project to be developed in Sector 1 of Bucharest, Romania.
The Mix Use Project is located in Bucurestii Noi, in the North West part of Bucharest, District 1, along Bucurestii Noi Boulevard. The project will include approximately 2,000 residential apartments and a commercial centre.
Currently as phase I, 2 residential buildings consisting of 190 apartments, 16,000 sqm of built up area are planned to be developed.
In addition, AFI Europe Romania will develop AFI Arad Retail Park will be 34,000 sqm GLA Retail Park to be developed in the city center of Arad, on a land plot of 80,000 sqm, creating an inner city retail park, including a hypermarket of approx. 10,000 sqm and additional retail boxes of approx. 1,000 – 2,000 sqm each including fashion, sport and electronics anchors.