One of the leading real estate development, management and investment companies operating in CEE, AFI Europe through its local subsidiary AFI Europe Romania inaugurated AFI Brasov, in October 2020, following an investment worth 148 million Euro. A mixed-use project in the heart of Brasov city, this includes 45.000 sqm GLA of shopping center with a green terrace overlooking to the mountains and an office building totaling 15.000 sqm GLA.
The investor is currently working on the design and permits of the second office phase, with the intention to commence construction in the soonest possible.
“The project is perfectly located in the heart of the city and adjacent to the mall we trust the second office phase will be at least as successful as the first one,” company officials state.
Brasov is at the start of a new development stage, considering the completion of the new international airport, scheduled for 2022, the strategic location in the center of the country and the tourism potential.
According to the BREC analysis, Brasov has approximately 2.500 apartments under construction, over 45.000 sqm of office and logistics space under development and 3 other hotels (Radisson, Ibis, Hilton) under various stages of preparation.
AFI Europe Romania is present locally since 2005 and it is one of the largest developers on the local real estate market, operating a large portfolio of mixed-use projects. AFI is one of the players that totally redesigned landscapes, the real estate market, and communities, their developments triggering important positive economic and social changes.
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