AFI Europe (www.afi-europe.eu) the parent company of AFI Europe Romania is a leading real estate development and investment company, operating throughout Central and Eastern Europe, and focusing on the development of large scale commercial and residential projects in Romania, Czech Republic, Serbia, Poland, Bulgaria, Germany and Latvia.
Some of AFI Europe’s leading projects are: “AFI Cotroceni”, the largest and most dominant shopping mall in Romania, AFI Park office project (70,000 sqm GLA), AFI Brasov a 45,000 sqm GLA shopping mall currently under development in Romania, “Classic 7” Business Park, AFI City, AFI Butterfly and Tulipa Trebesin in the Czech Republic, “Airport City Belgrade”, “Skyline Belgrade” a 70,000 sqm GLA mix use project and “Central Garden” all located in Belgrade, Serbia and “Business Park Varna”, the largest class A office park in Varna, Bulgaria.
Net Asset Value (NAV): EUR 1.4 Billion
NOI 2016: EUR 63 million
GLA under management and development: 510,000 sqm
AFI Europe’s portfolio presently consists of 32 projects and properties:
– 10 commercial projects which are yielding and under management. These projects include shopping malls and commercial centers, office complexes and business parks.
– 7 developed residential projects with apartments for sale and adjacent plots for commercial development.
– 15 land bank properties, as well as additional land plots adjacent to some of the commercial and residential projects mentioned above. These properties are designated for future development.
Having won numerous awards for the quality of its property development, AFI Europe’s projects are well regarded among the various industry stakeholders, including high caliber office tenants and recognized multinational retailers.
AFI Europe is part of the AFI Group (www.afigroup-global.com).