AFI Europe Romania has completed the third office building of AFI Park, Bucharest’s newest and most advanced Class A business park. AFI Park 3 is fully leased to Endava Romania and TELUS International, and the spaces were handed over to its tenants, according to schedule, in order to move in and start operations, a press release informs.
“AFI Park has all the essential advantages as the best option for multinationals when deciding to open a new office or to expand in Romania. With advantages such as superior location, expansion options, the best performed technical specifications and work environment, 24/7 non-stop continuous operations time, the proximity to AFI Palace Cotroceni and to the Politehnica University as an excellent source of future employees for IT&C and BPO companies, AFI Park offers it all,” David Hay, CEO AFI Europe Romania said. “We are continuing the development of the office complex with AFI Park 4&5 (32,000 sqm GLA), building to be delivered in Q4 2015”, added David Hay.
The construction of AFI Park 3 (12,200 sqm GLA) began in June 2013 under the General Construction Company Danya Cebus with a total budget of over EUR 20 million. The construction was finalized on time and within budget. The project is financed with a development loan of EUR 15 million by Banca Comercial? Romana.
AFI Park 3 has all of its office spaces fully leased. AFI Park 2 is also entirely occupied by Electronic Arts and AFI Park 1 is fully leased to companies such as Microchip, Cameron and Sparkware Technologies. Recently, X Body by Monica Iagar, world champion and double European champion at high jump, was launched in the Ground Floor of AFI Park 2, featuring a new fitness center based on EMS technology.
AFI Park 1 and AFI Park 2 are the first office buildings in Romania to obtain the LEED Gold Core & Shell Certification. The additional office buildings in AFI Park are in process of being certified as LEED Gold. The first two buildings were recently valued at EUR 28 million and EUR 27.5 million respectively.