AFI Palace Cotroceni retailers posted a 10-percent increase in sales for the first six months of 2014. Israel Visel, manager of AFI Europe’s mall division, said the Auchan hypermarket is the only retailer that posted a decrease in sales due to a change in ownership. But the developer predicts the hypermarket’s sales will soon be back in the black. AFI is expecting sales at the Bucharest mega mall to hit €215m in 2014, a 5-percent increase y-o-y. Footfall has reached 55,000 visitors per month. AFI Palace Cotroceni offers 81,000 sqm of leasable space and was valued last fall at €375m.
