Find in the news:
BY COUNTRY

AFI Europe secures financing for Bucharest shopping mall



AFI Europe has secured €220m from a consortium of banks to refinance the shopping mall, AFI Palace Cotroceni in Bucharest.
This is one of the biggest real estate financing agreements of the year from Raiffeisen Bank, Erste Group Bank and Deutsche Pfanbriefbank. The CEO of AFI Europe Romania, David Hay, has stated the group’s appreciation to the bank for granting this loan. He said the process was extremely difficult as the amount of the loan was so high for a Romanian project. However, the success of the application shows that it is possible to obtain funding for a good project by an experienced developer.

AFI Palace Cotroceni was opened during November 2009 and is viewed as one of the most successful malls in Romania. It offers tenants a leasable area of 81000m², and has shown a net operating income for the first quarter of 2014 of €7.3m. This is a 6.7% increase on the same period during 2013. Based on the results for the first quarter, it is estimated that the 2014 net operating income will exceed €29m.

The mall has an occupancy level of 98%, with an average of 55000 visitors per day. As at 30 September 2013, the mall’s value was €375m.

More about shopping malls in Romania



TODAY, Italy:
The new store is located in the San Marco neighborhood at Corso Garibaldi, 20.
TODAY, USA:
The restaurant industry is facing severe staffing shortages amid a mass return of diners after quarantine.
YESTERDAY, USA:
For the first time, Brand Dior appeared in the Lyst Index rankings and immediately took the third position.
DAY BEFORE YESTERDAY, Italy:
Fendi Casa is starting a new stage of life and hopes that the partnership with Italian Design Holding will strengthen the position of the luxury furniture brand in the world market.
DAY BEFORE YESTERDAY, Sweden:
The long-awaited scheme to buy back and resell used furniture is expected to reduce the number of items sent to landfills.
May 4, 2021, China:
According to the concept's authors, shopping malls don't have to be "bright, white, and shiny," according to the authors of the idea.
Friend
and Follow
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us