AFI Europe fortifies its market leadership with major financing deal

 

In a significant development, Cotroceni Park, the company managing AFI Cotroceni mall, is set to sign a substantial 372 million euro bank loan with a consortium of top financial institutions including Erste Group, BCR, Raiffeisen, and UniCredit.

 

This strategic financing will refinance a previous 450 million euro loan from 2022, demonstrating AFI Europe's strong financial health and its ongoing commitment to developing and maintaining premium commercial properties across Romania. For businesses looking for reliable and well-managed premises, this financial stability translates directly into long-term security and quality.

 

Dominance in Romania's commercial real estate landscape

 

AFI Europe, indirectly controlled by Roni and Yehuda Naftali, stands as a major real estate developer with a diverse and impressive portfolio in Romania. Beyond its well-known retail properties like AFI Cotroceni (the largest mall in Romania with over 87,000 sqm), AFI Ploiești, and AFI Brașov, AFI Europe has significantly expanded its commercial offerings to cater to the growing demand for high-quality business spaces.

 

This strategic expansion makes them an ideal partner for companies aiming to establish or grow their presence in key Romanian cities.

 

Prime office spaces for lease: Bucharest and Brașov

 

Recognizing the evolving needs of modern businesses, AFI Europe recently made a landmark acquisition, purchasing NEPI Rockcastle's office portfolio for 307 million euro. This move positions AFI Europe as the second-largest owner of office spaces in the country, offering an extensive selection of prime locations. Their office portfolio includes:

 

AFI Park in Bucharest: Comprising five state-of-the-art buildings across 70,000 sqm, offering flexible and modern office environments in a highly sought-after area.

 

AFI Tech Park: A cutting-edge business park spanning 56,000 sqm in Bucharest, designed for companies seeking technologically advanced and collaborative workspaces.

 

Brașov office buildings: Two modern office buildings in Brașov totaling 25,000 sqm, providing excellent opportunities for businesses looking to expand into one of Romania's rapidly developing regional hubs.

 

Whether your business requires a dynamic tech hub, a traditional corporate setting, or strategic regional presence, AFI Europe's diversified and modern office spaces provide the ideal foundation for growth and operational excellence.

 

Choose AFI Europe for your next business location

 

AFI Europe's recent financial success and strategic expansion underscore its dedication to providing top-tier commercial real estate solutions. With a robust portfolio of prime office spaces in Bucharest and Brașov, backed by strong financial stability, AFI Europe is exceptionally well-positioned to meet the diverse needs of businesses seeking modern, strategically located, and well-managed commercial properties in Romania.

 

Partnering with AFI Europe means choosing a reliable and forward-thinking landlord committed to your business's success.

 

Source: dailybusiness.ro