AFI EUROPE MANAGEMENT SRL

  |  2017-11-28

AFI Europe Romania secures first tenant for AFI Tech Park business campus

AFI Europe Romania has signed the first lease agreement for AFI Tech Park, the company’s newest business park developed in Bucharest. World Class Romania, leader on the Romanian health & fitness field, will be the first tenant of the campus, by leasing 1,500 sq m GLA spread on the Ground Floor and the 1st Floor of AFI Tech Park 1.

The lease contract was signed for a period of 10 years.

AFI Tech Park is developed in the proximity of the JW Marriott Hotel and the Romanian Parliament and will offer 56,000 sqm GLA of Class A offices, comprising of two office buildings with GF+8 and one office tower of 14 floors, all surrounded by over 5,000 sqm of green areas. The first office building, AFI Tech Park 1, will open in Q2 2018, offering 20,000 sqm GLA office space and 2,000 sqm of retail area (World Class gym, canteen and coffee shops).

 

The investment for the first phase of AFI Tech Park is over EUR 30 million.

 

“We are proud to announce the first tenant of AFI Tech Park, our newest class A office project in Bucharest. Signing for a 10 year lease term shows the confidence World Class has in our project and the upcoming new zone of development in Bucharest. In addition, the fact that the Business Park is located in Downtown Bucharest and not in City Outskirts provides the Park the unique advantage sought after by multinational companies in Romania” says David Hay, CEO AFI Europe Romania.

 

A unique service AFI Tech Park is providing to the tenants is a 400 sq m conference hall to be shared by the tenants of the office buildings. This benefit is optimizing the costs of the tenants by not accommodating such large halls inside their office space anymore. Together with the surrounding retail facilities (Liberty mall, Vulcan Retail Park,), the office project is bringing additional benefits such as: “AFI Club” membership offering discounts for lunch and other services, and also the first car sharing service in Bucharest. The entire project is designed to provide high technical specifications especially for IT&C, BPO and shared services companies, as well as large floor plate of approx. 2,800 sq m GLA and also expansion options inside the Park.

 

AFI Tech Park is built to obtain the highest recognition of green building and has already obtained the LEED Platinum pre-certification for the use of construction, design and operating techniques and technologies with a minimum impact on the environment.

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