AFI Park 4&5 reaches 60 percent occupancy – EuropaProperty

AFI Europe Romania has signed a new lease agreement in the office building AFI Park 4&5 with FotoNation, a TESSERA company, reaching a 60 percent occupancy rate.

With the new agreement, AFI Park consolidates its place as the main business hob in the Central West of Bucharest, targeted mostly by multinational IT&C companies, who find in the business park the superior technical requirements they require. In the following months, the new office building will reach a 100 percent occupancy rate.

AFI Park 4&5 (32,000 sqm) represent the last phase of AFI Park, an award winning office project that consists of five Class A office buildings totaling 70,000 sqm of GLA, adjacent to AFI Palace Cotroceni shopping mall. Among the new tenants in AFI Park 4&5 are companies such as Cameron, SII Romania and ORTEC Central & Eastern Europe.

In total, AFI Park hosts multinational companies, such as: Electronic Arts, Conglomerate TELUS International, UK-held Endava Romania, Microchip Technology, Sparkware Technologies and Cameron Romania, part of US Cameron Group.