AFI Europe reportedly weighs EUR 315 mln retail parks acquisition amid strong Romania pipeline
Israeli developer AFI Europe is expanding both organically and through potential acquisitions in Romania, its key market, where it holds a EUR 1.52 billion portfolio and a substantial development pipeline.
iulian ernst · Journalist
· Updated · 2 min read
Israeli developer AFI Europe is expanding both organically and through potential acquisitions in Romania, its key market, where it holds a EUR 1.52 billion portfolio and a substantial development pipeline.
According to data cited by Ziarul Financiar, the company is currently evaluating the acquisition of a portfolio of six retail parks put up for sale by MAS Real Estate. The assets - Value Centres located in Ploiești, Zalău, Roman, Baia Mare, Sfântu Gheorghe, and Bârlad - have a combined leasable area of 125,500 sqm, an occupancy rate above 98%, and a total value of around EUR 315 million.
