AFI Europe Romania concluded a new lease agreement for AFI Tech Park Business Campus.The new tenant is Lagardère Travel Retail Romania, with their “1 Minute” Quick Service Restaurant concept, which rented a space located on the ground floor of AFI Tech Park 1. This is the second tenant secured for AFI Tech Park, after World Class.

1 Minute is an international concept of Quick Service Restaurant that is part of Lagardère Travel Retail’s food service business line in Romania and globally. The store offers a quick service and an assortment of Fresh products (sandwiches, salads and desserts, fresh fruit juices, dairy and pastries) to customers in business centers and transit areas, complete with a range of Convenience products. With the opening of the new 1 Minute AFI Tech Park, the network of stores for this concept will reach 31 outlets in our country, all operated by Lagardère Travel Retail Romania.

A service AFI is providing to the tenants in Tech Park is a 400 sqm conference hall to be shared by the tenants in the park.

Construction works for AFI Tech Park 1, the first phase of the complex, are advancing on schedule, currently having completed the skeleton structure. The first office building, consisting of 22,000 sqm GLA spread over 8 above ground floors, will open in Q2 2018, offering both office space and retail area.The investment for this stage of the project is of over EUR 30 million.

The entire AFI Tech Park project will offer 56,000 sqm GLA of Class A offices, comprising of two office buildings with GF+8 and one office tower of 14 floors, all surrounded by over 5,000 sqm of green areas.

AFI Properties is a member of the AFI Group, an international holdings and investments conglomerate with subsidiaries that engage in real estate, construction, infrastructure, industry and hotels (www.afigroup-global.com).

The company is active in the income producing and development property market since 1971. AFI Properties has been listed on the Tel-Aviv stock exchange in 2004. The company has been active in Europe since 1997 through its subsidiary AFI Europe mainly in the CEE markets.

AFI Europe, a subsidiary of AFI Properties, is one of the leading real estate development, management and investment companies, which is operating in Central and Eastern Europe since 1997.