Belgrade witnessed the official opening of the AFI City Zmaj business center on June 28, with the investment projected to encompass 180,000 square meters and with the center located just off the E-75 highway and less than 15 minutes from the airport. The opening took place before a VIP audience, which included the Israeli ambassador,
Pan-European owner, manager, and logistics and semi-industrial real estate developer VGP , announced the beginning of construction of its first business park in Serbia, VGP Park Belgrade, adjacent to Belgrade’s international airport this week, with Serbian President Aleksandar Vucic taking part in a ground-breaking ceremony March 13. “I am glad that we managed to bring
Serbian developer Inobačka announced the signing of a construction and development contract March 3 that will result in the arrival of a new Hyatt Regency hotel in Novi Sad. The developer noted that the investment is slated at EUR 107 mln, that it will have 235 rooms and that it will be operational by 2026,
Serbian integrated property service provider Atrium announced this week that it has signed a strategic partnership deal with Austrian REIWAG Facility Services GmbH to acquire 64 percent of Atrium shares. The new partnership will unlock substantial growth of Atrium’s services and improve the company’s capabilities in property-related services, such as brokerage, facility management, cleaning services
Delta Real Estate’s Belgrade Sava Center investment, which was first announced by the company under a site reconstruction plan at the location in 2021, will now include an 220-room Intercontinental Group hotel, according to local media. The hotel is part of a planned EUR 130 mln investment at the site, according to the Serbian news
In a good-news-for-bricks-and-mortar story, Belgrade’s Ada Mall saw a 30 percent increase in footfall in 2022, turnover and income, with the EUR 105 mln investment also benefiting from new store openings, such as that of international retailer Colins. Ada Mall General Manager Alex Linchev noted that not only footfall did increase by 30 percent, but
Central European investment and development company Immofinanz announced that it has opened another Stop Shop retail park in Gospic, Croatia, making that the seventh Stop Shop in the country. The Stop Shop, located on Gospic’s Budacka street, officially opened Dec. 8, said Immofinanz, as cited by retailsee.com. The GLA 8,600 square-meter park also hosts a
MPC Properties announced at the end of October that the developer’s latest project, the 8,300-square-meter TLD Belgrade office building, is now “open for business,” in accordance with earlier statements that it would come on line this year. The A-class office building encompasses nine floors and an underground parking garage and is located at the
The first five floors of the Belgrade Revolucija Office Building development are now leased, according to real estate Agency CBRE South Eastern Europe, according to information released September 28, 2022. Revolucija, developed by Granit Invest, will be located on Bulevar kralja Aleksandra 118 in Belgrade and had a total surface area of 9,870 square meters.
British company Hyperoptic leased 5,000 sqm in the newly restored BIGZ business centre. The modernist Bigz building on Belgrade’s Sava embankment was Serbia’s first extensively reinforced concrete building when it came into use in 1941. It eventually became the home of the state press house Jugoštampa. The transaction was brokered by Coreside Savills. “We are
