Real estate development Israeli company AFI Europe, owner of AFI Palace Cotroceni in Bucharest, will start works in the coming months at a shopping center in Arad, western Romania.
AFI Europe plans to build a supermarket and a Do-It-Yourself store with an area of 9,000 sqm each, as well as more space for clothing stores with areas between 1,000 to 2,000 sqm. AFI has not announced yet the names of the future tenants.
Other projects presently developed by AFI Europe locally are AFI Business Park Cotroceni, an office project located close to the existing AFI Palace Cotroceni mall in Bucharest and a 28,000 sqm shopping mall in Ploiesti. The company also plans to build a shopping mall in the Bucurestii Noi neighborhood in the capital.
