AFI Europe sets the cornerstone of AFI Brasov, the company’s third shopping mall in Romania

Georgiana Bendre 12/09/2017 | 16:53

AFI Europe sets the cornerstone of AFI Brasov, the company’s third shopping mall in Romania and announces the advancement of construction works. AFI Brasov shopping mall includes 200 shops and retail units while the assigned spaces already exceed 80 percent.

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 EUR 120 million. The company estimates that the delivery date of the project is the first quarter of 2019.

The French retailer Carrefour was the first tenant of the shopping center with an area of 6,500 sqm. Inditex Group will bring to AFI Brasov on an area of 7,000 sqm its main brands.

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.

“This moment represents the cornerstone of our first project in Brasov and marks our goal to become the main point of interest of the city, both for the inhabitants and for the local and international business community,” said David Hay, CEO of AFI Europe Romania.

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).

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