AFI Romania

About AFI Romania

AFI Romania is part of AFI Group, a leading real estate development, management and investment company operating in Central and Eastern Europe since 1997. The diversified portfolio consists of shopping centers, business parks, and large-scale residential and mixed-use developments. The group operates in Romania, Czech Republic, Poland, Bulgaria, Serbia, and Latvia. AFI Europe Romania began in 2007, developing the biggest shopping center, AFI COTROCENI, which opened in 2009. This flagship project combines 90,000 sqm GLA of retail with 5 Class A modern office buildings, AFI PARK 1-5. In 2013, AFI PLOIESTI shopping center was inaugurated on an area of 34,000 sqm GLA, followed by AFI Brasov. AFI BRASOV is the second mixed-use project developed by AFI in Romania, inaugurated in 2020 in the heart of Brasov city. It combines 45,000 sqm GLA of retail with 25,000 sqm offices (AFI PARK BRASOV), developed in phases. On the office segment, after the success of AFI Park 1-5, AFI TECH PARK was developed with 70,000 sqm GLA in 3 phases (phase I completed in 2018, phase II under construction, phase III future development). In 2020, our office portfolio increased by 118,500 sqm GLA through the acquisition of 8 office buildings in the biggest office transaction on the market, valued at 280 million Euro. AFI CITY BUCURESTII NOI was the first residential project developed by the company in Romania, comprising 190 apartments in phase I, soon to be followed by a 4,500 sqm commercial gallery which is under construction. The company's future development plans include managing and developing all existing projects, finalizing AFI Tech Park, AFI Park Brasov 2 and AFI City commercial gallery, developing AFI Arad commercial gallery, and searching for development options in line with its strategy. AFI Romania manages approximately 300,000 sqm of office areas and close to 175,000 sqm of retail spaces.