AFI EUROPE

AFI Europe is part of AFI Properties, one of the leading real estate development, management and investment companies, operating in Central and Eastern Europe since 1997.
AFI Europe’s diversified portfolio consists of shopping centers, business parks and large-scale residential and mixed-use developments. The group operates in Romania, Czech Republic, Poland, Germany, Bulgaria, Serbia, Hungary and Latvia.
AFI Europe is one of the largest developers on the real estate market, its strong position being sustained by the complex commercial and office projects implemented in Romania. Besides the flagship projects developed in the last 14 years, AFI Europe Romania has recently entered the residential market and has various commercial and office undergoing projects throughout the country.
Name of company AFI EUROPE
Name of President or Managing Director for the region DORON KLEIN
President or Managing Director for the region profile DORON KLEIN - originally from Israel, Doron Klein has more than 17 years' experience operating in Central and Eastern European real estate markets, having been based in Czech Republic for most of that time. He joined AFI Europe in 2008, and since 2011 he has served, and will continue to serve, as CEO of AFI Europe's operations in the Czech Republic and in Germany. Doron Klein has an MBA degree from the University of New York in Prague, Czech Republic, and is fluent in Hebrew, English and Czech.
Description of company and team AFI Europe is part of AFI Properties, one of the leading real estate development, management and investment companies, operating in Central and Eastern Europe since 1997.
AFI Europe’s diversified portfolio consists of shopping centers, business parks and large-scale residential and mixed-use developments. The group operates in Romania, Czech Republic, Poland, Germany, Bulgaria, Serbia, Hungary and Latvia.
AFI Europe is one of the largest developers on the real estate market, its strong position being sustained by the complex commercial and office projects implemented in Romania. Besides the flagship projects developed in the last 14 years, AFI Europe Romania has recently entered the residential market and has various commercial and office undergoing projects throughout the country.
Regions active in (in which countries the company operates) AFI Europe is part of AFI Properties, one of the leading real estate development, management and investment companies, operating in Central and Eastern Europe since 1997.
AFI Europe’s diversified portfolio consists of shopping centers, business parks and large-scale residential and mixed-use developments. The group operates in Romania, Czech Republic, Poland, Germany, Bulgaria, Serbia, Hungary and Latvia.
Portfolio of all properties currently held by your company The company’s flagship project is AFI COTROCENI, an approximately 100,000 sqm GLA shopping center combining also 5 modern Class A office buildings, followed by AFI PLOIESTI shopping center and recently inaugurated AFI BRASOV – a mixed-use project of 45,000 sqm GLA and 15,000 sqm GLA office spaces.
AFI City Bucurestii Noi was the first residential project delivered by the company in Romania, first phase comprising 190 apartments.
On the office segment, the company developed AFI Park 1-5 office campus, AFI Tech Park consisting of 70,000 sqm GLA and recently inaugurated AFI Park Brasov 15,000 sqm GLA.
Office projects included in the portfolio In 2020 AFI EUROPE finalized the acquisition transaction of NEPI’s Rockcastle office portfolio in Romania with a total GLA of 118,500 sqm and worth EURO 290 Million.
This acquisition is fully in line with AFI Europe’s strategy of expanding the operations in Romania with focus on yielding properties.
The acquired portfolio consists of 4 Class A office projects totalizing 8 office buildings situated in Bucharest and Timisoara:
 AFI Park Floreasca, located at 169 Calea Floreasca, Bucharest, with 36,470 square meters GLA;
 AFI Lakeview, located at 301-311 Barbu Vacarescu St, with 25,907 square meters GLA;
 AFI Victoriei Plaza, located at 8A Aviatorilor Blvd., Bucharest, with 8,203 square meters GLA;
 AFI Park Timisoara, located at 10 Coriolan Brediceanu St, Timisoara, with 47,936 square meters GLA.
The value of office properties held by investor (in EUR) 850,000,000
Retail projects included in the portfolio AFI COTROCENI 90,000 sqm GLA
AFI PLOIESTI 34,000 sqm GLA
AFI BRASOV 45,000 sqm GLA
The value of retail properties held by investor (in EUR) 630,000,000
Warehouse projects included in the portfolio 0
The value of warehouse properties held by investor (in EUR) 0
The largest purchase transactions between October 2019 and September 2020 (subject of the transaction, its total take up area and value in EUR) In Aug 2020 AFI EUROPE finalized the acquisition transaction of NEPI’s Rockcastle office portfolio in Romania with a total GLA of 118,500 sqm and worth EURO 290 Million.
This acquisition is fully in line with AFI Europe’s strategy of expanding the operations in Romania with focus on yielding properties.
The acquired portfolio consists of 4 Class A office projects totalizing 8 office buildings situated in Bucharest and Timisoara.
Future plans - acquisition of Casa Radio project in Bucharest, currently under negotiation
- expansion of AFI Cotroceni by adding residential and another office component
Acquisition activity across the CEE real estate markets between October 2019 and September 2020 In Aug 2020 AFI EUROPE finalized the acquisition transaction of NEPI’s Rockcastle office portfolio in Romania with a total GLA of 118,500 sqm and worth EURO 290 Million.
This acquisition is fully in line with AFI Europe’s strategy of expanding the operations in Romania with focus on yielding properties.
The acquired portfolio consists of 4 Class A office projects totalizing 8 office buildings situated in Bucharest and Timisoara.
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company) The acquisition of NEPI's Rockcastle office portfolio in Romania was one of the biggest transaction in the market, with a value of 290 Million Euro. This difficult transaction was negotiated over 1 year and in the end placed AFI Europe as one of the top 3 office owners in Romania.
Also during pandemic crises, the company managed to open AFI Brasov mixed-use project.
Company website www.afieurope.ro
Name of company
AFI EUROPE
Name of President or Managing Director for the region
DORON KLEIN
President or Managing Director for the region profile
DORON KLEIN - originally from Israel, Doron Klein has more than 17 years' experience operating in Central and Eastern European real estate markets, having been based in Czech Republic for most of that time. He joined AFI Europe in 2008, and since 2011 he has served, and will continue to serve, as CEO of AFI Europe's operations in the Czech Republic and in Germany. Doron Klein has an MBA degree from the University of New York in Prague, Czech Republic, and is fluent in Hebrew, English and Czech.
Description of company and team
AFI Europe is part of AFI Properties, one of the leading real estate development, management and investment companies, operating in Central and Eastern Europe since 1997.
AFI Europe’s diversified portfolio consists of shopping centers, business parks and large-scale residential and mixed-use developments. The group operates in Romania, Czech Republic, Poland, Germany, Bulgaria, Serbia, Hungary and Latvia.
AFI Europe is one of the largest developers on the real estate market, its strong position being sustained by the complex commercial and office projects implemented in Romania. Besides the flagship projects developed in the last 14 years, AFI Europe Romania has recently entered the residential market and has various commercial and office undergoing projects throughout the country.
Regions active in (in which countries the company operates)
AFI Europe is part of AFI Properties, one of the leading real estate development, management and investment companies, operating in Central and Eastern Europe since 1997.
AFI Europe’s diversified portfolio consists of shopping centers, business parks and large-scale residential and mixed-use developments. The group operates in Romania, Czech Republic, Poland, Germany, Bulgaria, Serbia, Hungary and Latvia.
Portfolio of all properties currently held by your company
The company’s flagship project is AFI COTROCENI, an approximately 100,000 sqm GLA shopping center combining also 5 modern Class A office buildings, followed by AFI PLOIESTI shopping center and recently inaugurated AFI BRASOV – a mixed-use project of 45,000 sqm GLA and 15,000 sqm GLA office spaces.
AFI City Bucurestii Noi was the first residential project delivered by the company in Romania, first phase comprising 190 apartments.
On the office segment, the company developed AFI Park 1-5 office campus, AFI Tech Park consisting of 70,000 sqm GLA and recently inaugurated AFI Park Brasov 15,000 sqm GLA.
Office projects included in the portfolio
In 2020 AFI EUROPE finalized the acquisition transaction of NEPI’s Rockcastle office portfolio in Romania with a total GLA of 118,500 sqm and worth EURO 290 Million.
This acquisition is fully in line with AFI Europe’s strategy of expanding the operations in Romania with focus on yielding properties.
The acquired portfolio consists of 4 Class A office projects totalizing 8 office buildings situated in Bucharest and Timisoara:
 AFI Park Floreasca, located at 169 Calea Floreasca, Bucharest, with 36,470 square meters GLA;
 AFI Lakeview, located at 301-311 Barbu Vacarescu St, with 25,907 square meters GLA;
 AFI Victoriei Plaza, located at 8A Aviatorilor Blvd., Bucharest, with 8,203 square meters GLA;
 AFI Park Timisoara, located at 10 Coriolan Brediceanu St, Timisoara, with 47,936 square meters GLA.
The value of office properties held by investor (in EUR)
850,000,000
Retail projects included in the portfolio
AFI COTROCENI 90,000 sqm GLA
AFI PLOIESTI 34,000 sqm GLA
AFI BRASOV 45,000 sqm GLA
The value of retail properties held by investor (in EUR)
630,000,000
Warehouse projects included in the portfolio
0
The value of warehouse properties held by investor (in EUR)
0
The largest purchase transactions between October 2019 and September 2020 (subject of the transaction, its total take up area and value in EUR)
In Aug 2020 AFI EUROPE finalized the acquisition transaction of NEPI’s Rockcastle office portfolio in Romania with a total GLA of 118,500 sqm and worth EURO 290 Million.
This acquisition is fully in line with AFI Europe’s strategy of expanding the operations in Romania with focus on yielding properties.
The acquired portfolio consists of 4 Class A office projects totalizing 8 office buildings situated in Bucharest and Timisoara.
Future plans
- acquisition of Casa Radio project in Bucharest, currently under negotiation
- expansion of AFI Cotroceni by adding residential and another office component
Acquisition activity across the CEE real estate markets between October 2019 and September 2020
In Aug 2020 AFI EUROPE finalized the acquisition transaction of NEPI’s Rockcastle office portfolio in Romania with a total GLA of 118,500 sqm and worth EURO 290 Million.
This acquisition is fully in line with AFI Europe’s strategy of expanding the operations in Romania with focus on yielding properties.
The acquired portfolio consists of 4 Class A office projects totalizing 8 office buildings situated in Bucharest and Timisoara.
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
The acquisition of NEPI's Rockcastle office portfolio in Romania was one of the biggest transaction in the market, with a value of 290 Million Euro. This difficult transaction was negotiated over 1 year and in the end placed AFI Europe as one of the top 3 office owners in Romania.
Also during pandemic crises, the company managed to open AFI Brasov mixed-use project.
Company website
www.afieurope.ro