AFI Retailers Registered Sales Of EUR500M Since 2010

Retailers hosted by shopping center AFI Cotroceni Bucharest have registered sales of over EUR500 million since 2010, mall developer AFI Europe said in a press release Monday.

Sales of AFI Cotroceni retailers may be estimated at EUR155 million this year. They registered sales of EUR164 million in 2010 and of EUR181 million last year.

AFI Cotroceni, owned by AFI Europe, has a lettable area of 80,000 square meters and was opened in November 2009, following an investment of over EUR300 million. The value of the shopping center is currently estimated at EUR363 million.

Its rental income exceeded EUR19 million in the first nine months of 2012, up 10% on the year.