News Article Belgrade development Ikea retail retail park SEE Serbia
by Property Forum | Retail

Ikea intends to complete the construction of a €50 million retail park in Belgrade by the end of 2020, the company’s CEO for SEE, Stefan Vanoverbeke said.

Construction will be launched next spring and is expected to take two years. The project will create 400 new jobs.
Ikea plans to invest a total of €200 million in Serbia over the next five years, Serbia’s labour minister Zoran Djordjevic said last month.