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.
Doron Klein, CEO of AFI Europe Romania and Czech Republic, spoke with Property Forum about the increasing trend of employees returning to the office and the company’s first build to rent project in Romania.
AFI Europe has appointed Luciana Giurea as the new Head of the Residential Division, tasked with overseeing all residential real estate projects – for rent or sale – in Romania. She will also drive the development of the division within the company.
AFI Europe has completed the construction of its first retail park developed in Romania, located in the city center of Arad, with its inauguration scheduled for November 1.
Doron Klein, the CEO of AFI Europe Romania and The Czech Republic, has been appointed as Deputy CEO of AFI Europe group, in addition to his current position.
AFI Europe has officially started the development of its first Romanian retail park in Arad. The project will have a leasable area of 29,400 sqm and has already reached an occupancy rate of 70%.
Property developer AFI Europe has taken over two plots of land in northern Bucharest, in a deal worth €12 million, for the development of its first build-to-rent residential project.
Preston Packaging will soon commence operations at the MLP Poznań West logistics center (western Poland). The company has secured approximately 7,500 sqm of space, which will be available in the second half of this year. Axi Immo supported the leasing process.
Join UP! travel agency will open its first point in Poland in Galeria Północna (Warsaw). The brand has Ukrainian roots and operates in nine countries: Lithuania, Latvia, Estonia, Romania, Poland, the Czech Republic, Ukraine, Moldova and Kazakhstan.
Romet makes its debut at Gemini Park Bielsko-Biała (southern Poland). The 190 sqm bicycle showroom is located on the ground floor at the entrance to the gallery.
New appointments
Tomasz Michalczyk has taken on the Head of Office Agency role at Axi Immo advisory agency. He will manage the team, acquire and advise key clients on the office market.
Hungarian construction player Óbuda Group has announced the appointment of two new Deputy CEOs. Gábor Horváth will lead the project management division, while Ottó Vörös will oversee operations. Horváth brings 35 years of experience in the construction industry, while Vörös has over two decades of management and financial experience in real estate management.
Atakan Turhan has been appointed as General Manager of Radisson Blu Hotel and Park Inn by Radisson in Bucharest. Turhan brings over 30 years of hospitality experience, including 20 years with Radisson Hotel Group.
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