Plot size: 104,000 m² Gross Built-Up Area (GBA): 240,000 m² Gross Leasable Area (GLA): 88,500 m² Parking Spaces: 2,500 (under and above ground) Occupancy rate: 99% NOI 2016: 33.79 mil EURO Shoppers Footfall:
50,000 visitors per day AFI Cotroceni is considered the largest and most dominant shopping mall in Romania. It has become the main entertainment and leisure destination in Bucharest. It hosts 350 retail units with anchors including national and international brands as Inditex brands ,LPP group, C&A, L.C. Waikiki, Collective, Auchan hypermarket, 2,000 sqm fitness club, 35 food outlets and restaurants, 20 Cinema City halls and the only IMAX in Romania, indoor rollercoaster, laser tag arena and more.
At the end of 2016, The mall signed for a new 5,200 unit leased by P&C. The project is visited by 50,000 daily shoppers and offers 2,500 parking places. AFI Cotroceni was built and designed in a triangular shape having no hidden corners and having a large open atrium providing space for food court and entertainment activities.
AFI Cotroceni is located 3km from the centre of Bucharest, in one of Bucharest’s most affluent and up-coming residential district. The mall is situated in close proximity to the Presidential Palace, the Romanian Parliament and the Bucharest Polytechnic with numerous students’ accommodations.
AFI Cotroceni borders two of the largest neighborhoods in Bucharest, Militari and Drumul Taberei. The catchment area consists over 800,000 residents, living within 10 minutes drive time. The mall benefits from excellent vehicular and public transport connections, as well as significant footfall from the adjacent neighborhoods.
The yearly average disposable income within the „primary” catchment area is in excess of EUR 6,000 per family. The project was awarded as “Best Shopping Centre Development” and “Best Overall Development” in 2009 (CEE CIJ), as well as "Best Shopping Mall" and "Best Real Estate Project" in 2010 (SEE Real Estate Awards Gala).