GTC secures lease agreements for Belgrade mall

29
Nov
2017
News - GTC secures lease agreements for Belgrade mall #Belgrade #GTC #lease #retail #SEE #Serbia

by Import Sys | Retail

GTC Serbia announced that it has managed to secure lease agreements with several new brands for its latest Belgrade development, Ada Mall. The opening of the 34,000 sqm mall is scheduled for autumn 2018.


GTC Serbia is investing over €100 million in the construction of Ada Mall. The developer received the final building permit for Ada Mall in mid-February 2017. The shopping centre will have approximately 34,000 sqm of gross lettable area (GLA) with 1,000 designated parking places and will be designed and built according to the highest international standards. The development is located in Cukarica, directly opposite Ada Ciganlija.
 
"We are proud to confirm that ADA Mall will house the first Cinestar cinema in Belgrade, a completely digitized cinema equipped according to the latest technological standards. We will also be the first to introduce to the Serbian market newcomer fashion brands Mohito and Forever 21, which will offer the latest international high street trends at an affordable price range. The first ASICS mono brand store in Belgrade will open within Ada Mall, which will operate alongside our other sports tenants Sport Vision, Planeta Sport, Nike, Buzz and Under Armour. We are currently negotiating with leading retailers in the market including H&M, Reserved, Sinsay, LC Waikiki, Orsay, Tom Tailor, Fashion&Friends, Guess, Replay, Superdry, DM and many others,” Peđa Petronijević, CEO of GTC Serbia announced.



Latest news


New leases

  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
  • Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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