AFI Europe Romania posts 11.5% increase in operating income

23 August 2017

AFI Europe Romania’s net operating revenues increased by 11.5 percent y-o-y in the first six months of the year. Visitor traffic at AFI Cotroceni increased by 4 percent in Q2, averaging 50,000 visitors per day. At AFI Ploiesti, sales increased by 19 percent in Q2 and by 16 percent in the first half of the year, with daily visitor traffic hitting 15,000. The developer is currently working on its third mall in Romania, AFI Brasov, which is currently 80 percent leased. Construction also broke ground on AFI Tech Park. The first phase is scheduled for completion in Q2 2018.

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