AFI EUROPE MANAGEMENT SRL

  |  07.08.2017

AFI Europe and Dedeman cancel the sale transaction of the office buildings AFI Park 1-3

Following the announcement a few days from Dedeman of its intention not to advance with the purchase of office building AFI Park 4&5, which were actually not under a binding agreement, both parties have agreed to retreat and to cancel also the purchase agreement of AFI Parks 1-3

AFI Europe will continue to operate all the buildings in the park as a complete office complex.

 

Following the discussions that were conducted between the sides, it was mutually agreed for the annulment of the deal.

 

AFI Park is a business park located adjacent to the successful shopping mall AFI Cotroceni and includes 5 office buildings with a total leasable area of 70,000 sqm GLA, which are fully leased.

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