Name of President or Managing Director for the region
Avi Barzilay, CEO AFI Properties Ltd. / AFI Europe
Profile of President or Managing Director for the region
A certified public accountant and graduate of Bar Ilan University, Avi has served as CEO of AFI Europe, the Company's CFO, and CFO of AFI Development PLC, and as a member of the Board of Directors. His previous roles include Russia’s VP and CIS in Africa Israel Investments Ltd (the parent company).
Description of company and team
AFI is a leading real estate investment and development group specializing in business parks, office complexes, shopping malls, retail centers, residential projects, and mixed-use developments across Israel and Central and Eastern Europe (CEE). As of 30 June 2025, AFI’s income-generating properties (IGP) portfolio spans 1.38 million sqm with the total value of EUR 4,346 million, and the 162,000 sqm gross leasable area (GLA) under construction.
Office projects included in the portfolio
BU: Varna BP
CZ.: City Tower, Avenir Park, Karlín, Vokovice, Classic 7 BP, Broadway Palace
PL: Office House, V.Offices, T-Mobile OP, Bohema Offices
RO: Floreasca BP, Timisoara BP, Lakeview, Victoriei Plaza, Tech Park, Park 1-5, Park Brasov, Loft Cotroceni
SE: Business Garden, Airport City, Skyline
The value of office properties held by investor
2731000000
Retail projects included in the portfolio
RO: Cotroceni, Palace Ploieste, Brasov Mall, Arad, City Commercial Center
SE: Roda Mega
The value of retail properties held by investor
877000000
Warehouse projects included in the portfolio
N/A
The value of warehouse properties held by investor
0
PRS projects included in the portfolio
PL: AFI Home Dajwór, Złota, Osiedla Europejskie, Metro Park, Bagry, Długa, Czyżewskiego, Metro Szwedzka, Metro Zachód CZ.: AFI Home Třebešín, Karlín, Kolbenova SE: AFI Home Skyline RO: AFI Home North
The value of PRS properties held by investor
738000000
The largest purchase transactions within the timeframe specified by the organizer
AFI has become the sole owner of Office House, the first office building in the Towarowa22 project. Echo Investment sold its 30% stake to AFI, with the total value of the building calculated for the transaction at EUR 160.5 million.
Future plans
AFI is driving growth across CEE: AFI Home Nová Elektra (291 units) in Czech Rep.; AFI Tower at Towarowa22 ( 50k sqm) & AFI Home Kolejowa (600 units) in Poland; AFI Central Tower (28k sqm) & AFI Home North A (164 units) in Romania; ACB Business Avenue (24k sqm) in Serbia.
