Press Releases

AFI Europe Romania Q1 2017 Financial Results

AFI Europe Romania published its Q1 2017 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of EUR 12.2 million; representing an increase of 12.7% compared to the same period in 2016.

AFI Cotroceni, the dominant Shopping Mall in Romania, generated a Net Operating Income (NOI) of EUR 8.3 million in Q1, representing 2.4% higher results compared to Q1 2016.

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AFI Europe Romania Q4 and 2016 Financial Results

AFI Europe Romania published its Q4 and 2016 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of more than EUR 46 million during 2016 representing an increase of 15.5% compared to 2015.

In Q4 2016 the NOI generated was EUR 12.5 mil, representing an increase of 23% compared to Q4 of 2015 end.

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AFI Europe Romania Q1 2016 Financial Results

AFI Europe Romania published its Q1 2016 financial results, generating a Net Operating Income (NOI) of EUR 10.8 million, from its income producing assets in Romania during the first 3 months of the year, representing 12.2% higher results compared to Q1 2015.

AFI Cotroceni Shopping Mall in Bucharest, the company’s largest and most important asset, generated a Net Operating Income (NOI) of more than EUR 8 million in Q1 2016, representing 9.6% higher results compared to Q1 2015.

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Articles

AFI Europe Romania Q1 net operating income rises 12.2%

Real estate developer AFI Europe Romania said on Tuesday that its net operating income rose 12.2% on the year in the first quarter of 2016 to 10.8 million euro ($12.1 million).

Shopping center AFI Cotroceni in the capital Bucharest, the company's largest and most important asset, posted a net operating income of over 8 million euro in the first quarter of 2016, up 9.6% from the year-earlier period, AFI Europe Romania said in a press release.

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AFI Europe Romania Q1 2016 financial results: Net Operating Income (NOI) of Romanian portfolio increased to EUR 10.8 million, 12.2% higher than Q1 2015 results

AFI Europe Romania published its Q1 2016 financial results, generating a Net Operating Income (NOI) of EUR 10.8 million, from its income producing assets in Romania during the first 3 months of the year, representing 12.2% higher results compared to Q1 2015.

AFI Cotroceni Shopping Mall in Bucharest, the company’s largest and most important asset, generated a Net Operating Income (NOI) of more than EUR 8 million in Q1 2016, representing 9.6% higher results compared to Q1 2015.

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AFI Properties release financial results for 2015

AFI Properties, the parent company of “AFI Europe“, has published its 2015 yearly financial reports, registering profits of €50 million and a NOI of €81 million.

The operational profit increased in 2015 by 15 percent to €112 million compared to the same period in 2014. Results of 2015 compared to 2014 were influenced by the weakening by 10 percent of the EURO currency vs. the Shekel currency.

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