Bucharest, March 27th, 2012 – AFI Europe appointed Colliers International Romania to conduct the green certification process for the first two class A office towers of AFI Park, the ultra-modern business Park developed in Bucharest.

In its completed state, AFI Park will consist of 5 Class A ultra modern office towers with a total leasable area of 70,000 m2. The project is adjacent to AFI Palace Cotroceni shopping mall in Bucharest,– at the junction of Bucharest’s two major transport arteries, Timisoara Blvd. and Vasile Milea Blvd., and between the large Militari and Drumul Taberei neighborhoods. Each building will comprise of 10 floors and 2 underground parking levels and is connected directly to the shopping mall.

AFI Park 1 was inaugurated in September 2012, having a gross built area of 20,000 m2 and a gross leasable area of 12.000 m2 with an 85% occupancy rate; the building is home for the leading IT&C companies. The second office building, AFI Park 2, is currently under construction and will be delivered in Q2 2014, while the other three office buildings will be completed every year thereafter, giving the possibility for tenants to grow and expand within AFI Park. For its first two office buildings, AFI Europe is targeting LEED Gold certification.

“Going Green is AFI Europe’s strategic decision in all commercial project including office buildings and shopping malls. In the office market a green certified project is much more attractive and is to become a fundamental specification to international companies. This is the future of the real estate markets and AFI Europe is proud to take part of the worldwide orientation”, states David Hay, CEO AFI Europe Romania.

Colliers International is one of the first real estate companies in Romania with accreditied professionals to offer green certification advisory services, following the launch of its dedicated service in 2011. Colliers offers consultancy for LEED and BREEAM certifications for existing buildings, with the purpose of improving their performance and sustainability, as well as for new developments. Presently Colliers assists 8 projects in Romania and a total of 19 projects throughout Central and Eastern Europe in obtaining the Green Certification.

We are very excited to support AFI Europe’s effort to design its office developments in Romania according to LEED requirements. Being part of one of Bucharest’s top-quality projects, AFI Park 1 and AFI Park 2 represent further evidence that green buildings are more than just a trend, but the standard to which future buildings will need to respect in order to fulfil tenants demand for office space”,  comments Stefania Baldovinescu, Director of the Property Management team of Colliers International Romania.

Colliers International also assisted AFI Europe in the development process of AFI Park 1 – when the Building Surveying team of Colliers ensured the project monitoring services during construction works, on behalf of Unicredit Bank Austria AG.