AFI Europe to develop AFI Brasov by 2019, its third shopping mall in Romania

AFI Europe sets the cornerstone of AFI Brasov, the company's third shopping mall in Romania and announces the advancement of construction works.

2017-09-12 12:52:45

AFI Brasov shopping mall includes 200 shops and retail units while the assigned spaces already exceed 80 per cent. The first stage of construction includes a shopping center with a total gross leasable area of 45,000 sqm and one of the two Class A office towers that stretch over an area of 25,000 sqm GLA.

The investment at this stage is of over 120 million Euro. The company estimates that the delivery date of the project is the first quarter of 2019.

The French retailer Carrefour was the first anchor of the shopping center with an area of 6,500 sqm. AFI Brasov shopping center will enjoy a very attractive mix of tenants. Inditex Group will bring to AFI Brasov on an area of 7,000 sqm its main brands such as Zara, Bershka, Stradivarius, Pull and Bear, Oysho and Zara Home.

The new investment will create over 2,000 jobs and aims to become the new city center of interest and the preferred destination for shoppers, tourists, the business community and multinational IT&C companies.

AFI Brasov is the third AFI Europe commercial center developed in Romania, after AFI Cotroceni, the biggest mall in Romania (90,000 sqm GLA) and AFI Ploiesti (34,000 sqm GLA).

In the office segment, AFI Romania is under development of AFI Tech Park, a 56,000 sqm of GLA Class A Business Park located near the J.W. Marriott hotel and the Romanian Parliament. The business park will comprise of two low rise office buildings and one office tower, with ample green areas in a central garden, the project being built as a high tech/campus style environment, 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.