ARTICLES LABELLED WITH TAG AFI Europe

Develia has concluded a final sales agreement for a real estate property located on Kolejowa Street in Wrocław with a subsidiary of AFI Europe. The transaction value amounts to PLN 50.5 million (ca. €11.75 million). The sale of the Wrocław land property is a part of Develia's strategy of divestment of its commercial real estate portfolio.

AFI Europe and FINEP have announced the conclusion of a long-term framework agreement on cooperation in the development of rental housing in Prague. The move is based on their previous collaboration in this area. 

Romania’s commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers. 

The second phase of the AFI Home Kolbenova project in Vysočany in Prague developed by AFI Europe has reached 50% occupancy. The project is offering 327 residential units for long-term rentals.

AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.

A consortium of Santander Bank Polska and Bank Pekao S.A. granted AFI Europe and Echo Investment a construction and investment loan of €103.4 million and a VAT loan of PLN 20 million. The loan will finance the development of Office House, the first phase of the multifunctional Towarowa 22 project. It will be completed in the spring of 2025.

The AFI City 1 office building in Prague´s Vysočany has reached full occupancy with the arrival of new tenants. Logistic company Hegelmann Transporte is planning to relocate its domestic headquarters here.

At the corner of Pańska Street and Wronia Street in Warsaw, the construction of the underground part of the first phase of the mixed-use project Towarowa 22 is coming to an end. In addition to offices, the Office House building offers retail spaces and attractive green areas. This is a promise of a joint project by companies belonging to the Echo Investment Group and AFI Europe.

Real estate developer AFI Europe has obtained the LEED v4.1 O+M certification for its AFI Cotroceni mall in Bucharest. The company was assisted by Colliers in obtaining the green certification. 

Emma Toma, Head of Office Division at AFI Europe Romania, talked to Property Forum about the company’s investment plans in the office, retail and residential areas, as well as the solutions implemented in all projects in the area of sustainability.