BUSINESS

AFI Europe, Dedeman agree to 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, in order to enable AFI Europe to continue and operate all the buildings in the park as a complete office complex, a press release issued on Sunday informs.

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

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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