AFI Cotroceni

AFI Europe N.V. announces that it has signed a pre-sale agreement with Plaza Centers N.V. for the acquisition of 75% of the shares in the Casa Radio Project, for the price of EUR 60 million. The pre-sale agreement represents a further…

Besides the success achieved with AFI Cotroceni, dubbed as the biggest property of the AFI Europe Romania portfolio and the most performing one, the Israeli real estate developer has other big plans for the upcoming two years. The group…

AFI Europe Romania released the company’s financial results for the first 6 months (H1) of 2018. According to the data, the net operational income (NOI) from income generating properties reached EUR 27 million, registering an increase of 9%…

AFI Europe Romania finalized the acquisition of a land plot in Bucharest, in the proximity of AFI Park 1-5 and AFI Cotroceni shopping mall, with a surface of approximately 43,000 m2, in a transaction worth EUR 23 million. ”The…

AFI Europe’s Net Operating Income (NOI) in Romania reached EUR 13.6 million during Q1 2018, representing 12 percent higher results compared to Q1 2017, according to the financial report. “Q1 2018 has once again shown continuous growth,…

According to AFI Europe financial results for 2017, the Net Operating Income (NOI) from its income producing assets in Romania reached to over EUR 51 million in 2017, up by 10.1 percent year-on-year, as a press release informs.  AFI…

Africa Israel Investments, which owns AFI Properties, the majority shareholder of AFI Europe, present on the Romanian market with projects such as AFI Park office buildings, AFI Cotroceni - Romania's biggest mall, a.s.o., will have a new…

AFI Europe Romania posted a Net Operating Income (NOI) of over EUR 37 million in the first nine months of the year, representing respectively 10.4 percent higher results compared to the same period in 2016, a press release informs. “The…

The construction works of AFI Brasov, Israeli AFI Europe’s third shopping mall in Romania, have advanced. The new shopping mall in Brasov includes 200 shops and retail units while the assigned spaces already exceed 80 percent. ”In our…

AFI Europe Romania recorded a Net Operating Income (NOI) from its income producing assets in Romania of EUR 12.5 million in Q2 and close to EUR 25 million in H1, representing respectively 10.4 percent and 11.5 percent higher results…