AFI Europe Romania was awarded with the trophy “Best Transaction” for the largest transaction on the Romanian office market, at Investing in Property Gala – The Times, a gala that celebrated the real-estate elites.
“Definitely, 2020’ transaction was a landmark deal for the local real estate market and surely for us in AFI, expressing our communicated strategy and vision to increase our portfolio.The award is a great honor for our team which after all the hard work invested in this transaction deserve the recognition”, said Doron Klein – CEO AFI Europe Romania & Czech Republic.
During the awards Gala of the most important players in the real estate market, 27 trophies were given to Nordis, Immofinanz, Atenor, Metropolitan Developments, Speedwell, Point Development, Crosspoint, Solid House and other leading companies in the field.
In the summer of 2020, the giant AFI Europe completed the acquisition of the entire offices portfolio belonging to the developer NEPI Rockcastle in Romania, the largest office transaction on the local market, 290 million Euros worth.
It consists of 4 business parks, arranged in 8 Class A office buildings: Floreasca Business Park, Lakeview, Aviatorilor 8 in Bucharest and City Business Center in Timisoara, with a total area of 118,500 sqm GLA. Following this takeover, AFI Europe Romania has become one of the largest office owners.
This trade represents one third of the real estate investment market estimated at around one billion euros in 2020.