Real to open a hypermarket in future Afi Palace B. Noi

Newsroom 02/02/2012 | 11:19

Afi Europe has announced that it has signed an agreement with retailer Real which will open its fifth hypermarket in the capital on the grounds of the future Afi Palace B. Noi shopping mall.

The project will be the third mall developed by Afi Europe in Romania after the existing Afi Palace Cotroceni and a second future unit in Ploiesti.

AFI Palace B.Noi will be located in the Bucurestii Noi neighbourhood in Bucharest. With a total area of about 22,400 sqm it will include a commercial area, a hypermarket, and an office building. The mall will also be connected to a DIY store. Company representatives announced at the beginning of 2011 that the investment in the project will amount to approximately EUR 60 million and that it should be be finalized in the last quarter of 2012.

Real is part of German Metro Group which also runs the Metro Cash & Carry units. There are 24 Real hypermarkets in Romania. The hypermarket which will be located in the Afi Palace B. Noi will cover 12,000 sm.

Simona Bazavan

BR Magazine | Latest Issue

Download PDF or read online: October 2022 Issue | Business Review Magazine

The October 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Globalworth Successfully Addressing Market Challenges From a Position
Newsroom | 26/10/2022 | 17:53

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue