Tuesday, 14 July 2015
AFI Europe acquires a 40,000 m² plot to develop a shopping mall and an office project (RO)
AFI Europe Romania has signed an agreement for the acquisition of a 40,000 m² plot in the City Center of Brasov, where it plans to develop a shopping mall and an office project, targeted to be opened in October 2017.
AFI Europe plans to develop in Brasov a shopping mall with a gross leasable area (GLA) of 45,000 m² spread over three levels, accessible from three main entrances, connected by one main corridor. The 3rd floor will host the food court and the entertainment area, which will also include the cinema. AFI Europe Romania is already in advanced discussions with a hypermarket chain and the leading fashion retailers to anchor the project. The project will be constructed to be LEED Gold Certified.
On the same plot, the company will also develop a class A office project with a leasable area of approximately 11,000 m² and it will be designed as a green building.
Source: AFI Europe