AFI Palace Cotroceni

AFI Palace Cotroceni is the principal western Bucharest super-regional shopping centre at 4 General Vasile Milea Boulevard in Sector 6, opened in 2009 following a total investment of approximately €300 million with the 80,000-sqm super-regional format spanning approximately 300 retail and service units. The property is owned and managed by AFI Europe, the Central and Eastern European real estate developer, as the flagship Romanian AFI asset and the anchor of the Cotroceni mixed-use complex including the adjacent AFI Tech Park office campus.

The format combines the Cora hypermarket grocery anchor with the principal international and Romanian vertical fashion register featuring H&M, C&A, Zara, Pull&Bear, Bershka, Stradivarius, New Yorker, LC Waikiki, and the broader European fashion programming. The Cinema City multi-screen multiplex anchor, the Flanco and Altex consumer electronics anchors, the Noriel children’s specialty, the dedicated dining circuit and food court, the Sephora premium beauty position, the Douglas beauty flagship, and the broader retail-and-services programming complete the contemporary western Bucharest super-regional offer.

The catchment combines the dense western Bucharest residential demographic of the Cotroceni, Militari, and Drumul Taberei districts with the broader Bucharest metropolitan concentration of approximately 2.1 million city residents and the substantial Bucharest university student population of the adjacent Polytechnic University campus. Direct accessibility includes the Politehnica metro station immediate adjacency on the Bucharest metro Line M1, the principal A1 motorway access from the western corridor toward Pitești and the national road network, and the dedicated parking infrastructure for approximately 2,500 vehicles.

AFI Europe coordinates the property management of AFI Palace Cotroceni within its broader Central and Eastern European retail real estate portfolio spanning Romania, Serbia, Bulgaria, and the Czech Republic. The asset’s commercial role within the Romanian retail map is the principal western Bucharest super-regional fashion-anchored trophy destination and the largest shopping centre by GLA in Bucharest at 80,000 sqm, complementing rather than competing with the 85,000-sqm Băneasa Shopping City northern Bucharest super-regional, the 81,000-sqm Sun Plaza Bucharest southern Bucharest super-regional, the 75,000-sqm Mega Mall NEPI Rockcastle eastern Bucharest flagship, and the broader Bucharest metropolitan retail register.