News Article Belgrade BIG CEE investment Mitiska REIM Poseidon Group retail retail park SEE Serbia shopping
by Property Forum | Investment

Britain’s Poseidon Group and Belgium’s Mitiska REIM has sold Capitol Park Rakovica, the largest retail park in Belgrade, to Israel’s BIG CEE Group. The transaction closed in December 2019. CMS Belgrade advised the sellers.

€30 million was invested in Capitol Park Rakovica since its opening in October 2017. On more than 23,000 sqm of sales space occupying a 6 ha plot, it is the first shopping and leisure destination in the municipality of Rakovica, including 40 tenants and the Cine Grand cinema.