04.11.2019

Banca Comerciala Romana has put for up sale the palace in Piata Universitatii in Bucharest that once housed Generala insurance company and has been associated with the bank’s name for decades. more

11.07.2018

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02.02.2017

Real estate consulting and brokerage company Palace Estate brokered transactions worth EUR10 million in 2016, involving premium properties in Bucharest, and expects high demand in 2017 on the more

06.14.2016

Ana Hotels will invest EUR20 million in renovating the rooms of Athénée Palace Hilton hotel in Bucharest and in the construction of a new building of the hotel and a conference room, a project which more

03.30.2016

American designer and manufacturer of accessories Fossil will open its first store in Romania, in shopping mall AFI Palace Cotroceni, the company said in a statement on Wednesday. more

03.14.2016

Shopping mall AFI Palace Cotroceni in Bucharest, the most important asset of AFI Europe Romania, had a net operating income of nearly EUR31 million in 2015, up 3% on the year, while retailers’ more

11.23.2015

AFI Palace Cotroceni shopping mall in Bucharest, AFI Europe’s largest and most important asset, generated a net operating income of EUR7.7 million in the third quarter, up 3.3% on the year. more

04.01.2015

Construction of the AFI Palace Arad retail park, which was originally supposed to start in 2008 and be completed in 2010, no longer has a timeline, according to company officials, who say the more

01.30.2015

Alexandra Copos de Prada, daughter of businessman George Copos, who took over the reins of ANA Hotels company last year, says she expects revenue to rise by 9% this year against 2014, to EUR27.7 more

10.20.2014

Cotroceni Park SA, the operator of the AFI Palace Cotroceni mall, one of the key shopping destinations in Bucharest, posted EUR29.1 million net profit last year, five times higher than in 2012 and a more

10.05.2014

Athenée Palace Hilton five-star hotel, one of the landmark buildings of Bucharest, will have all its 272 rooms fully renovated, following a EUR8 million investment starting next year. more

08.18.2014

Retailers hosted by AFI Palace Cotroceni in Bucharest registered sales of EUR92.3 million in the first half of 2014, down 3.1% on the year, while revenues from rents increased 4.2% to EUR14.6 million. more

05.22.2014

Bucharest-based shopping mall AFI Palace Cotroceni reported a 6.7% revenue increase in the first quarter, to EUR7.3 million, while its revenues are seen at over EUR29 million for the entire 2014. more

04.16.2014

Leonardo, Romania’s top footwear retailer by 2012 revenue, closed down the store in AFI Palace Cotroceni shopping center, one of Romania’s major shopping poles. The space is now occupied by more

03.27.2014

Deutsche Pfandriefbank, Raiffeisen Bank International, Raiffeisen Bank Romania and Erste Group Bank AG will lend EUR220 million to help refinance debt obligations of AFI Europe’s shopping mall AFI more

12.10.2013

He came in Romania when the crisis was in full swing, in early 2011, after having worked in the United States, Nigeria and Canada and managed to have EUR100 million worth of project built in less than more

11.07.2013

Five-star hotel Athenee Palace Hilton, held by Romanian businessman George Copos, has a new general manager - Jan Thomsen - with more than 27 years’ experience in the hotel industry. more

10.02.2013

Sporting goods retailer Intersport is opening a new store Thursday in the AFI Palace shopping mall in Ploiesti, its second in the city and 23rd in the country. more

09.18.2013

Israeli company AFI Europe, owner of AFI Palace Cotroceni mall in Bucharest, is building a 800 square-meter extension of the H&M store. In the extension the retailer will sell both clothes and home more

08.14.2013

Retailers hosted by AFI Palace Cotroceni Bucharest registered sales of EUR95.5 million in the first half of the year, up 4.1%, while revenues from rents increased 7.6%, to EUR14.1 million. more

03.13.2013

Real estate developer AFI Europe Wednesday reported net operating income from AFI Palace Cotroceni mall in Bucharest rose to EUR26.9 million in 2012, from EUR24.6 million a year before, fueled by a 9% more

07.31.2012

The sales of stores in shopping center AFI Palace Cotroceni in Bucharest, owned by AFI Europe, rose by 9% in the first half to EUR91 million. Calculated in lei, the sales of the mall went up by 14% in more

07.25.2012

Vodafone will open its “Experience Store” on Thursday in AFI Palace Cotroceni mall in Bucharest, the mobile operator’s largest store yet in Romania. The store will have a completely different more

02.21.2012

David Hay, who has been running the Romanian subsidiary of AFI Europe for almost a year, has a clear target for the next two years: the local portfolio should reach four shopping centers and “a more

11.07.2011

Romanian bookstore chain Carturesti, owned by Nicoleta Dumitru and Serban Radu will open a 450-square-meter bookstore in the AFI Palace Cotroceni mall in Bucharest where it will open bookstore, the more