Immofinanz builds new retail park in Serbia

08
Mar
2019
News - Immofinanz builds new retail park in Serbia #development #Immofinanz #retail #retail park #SEE #Serbia

by Property Forum | Retail

Immofinanz is continuing the expansion of its Stop Shop retail park chain in Serbia with its tenth Stop Shop retail park, located in Sremska Mitrovica.


The new Stop Shop retail park will have around 7,000 sqm of retail space. With more than 20 national and international brands, it will provide a balanced mix of tenants, including fashion, cosmetics and footwear retailers, as well as household goods brands, gastronomic options, and other services for the citizens of Sremska Mitrovica and the surrounding area. Additionally, Stop Shop Sremska Mitrovica will provide a total of around 300 parking spaces located in front of the shopping area. The opening is scheduled for August 2019.
 
"The construction of our tenth Serbian Stop Shop retail park in Sremska Mitrovica underlines the commitment we made in 2015 when entering the Serbian market – to expand our multinational retail park chain. The new Stop Shop will offer the citizens of Sremska Mitrovica and the surrounding area a unique shopping experience”, said Joško Piteša, Operations Manager Serbia for Immofinanz. “Immofinanz‘s Stop Shop portfolio already comprises 80 retail parks in nine countries and we are working on future growth to further strengthen our position as a leading retail park operator in Europe”.
Joško Piteša

Joško Piteša

Operations Manager
Immofinanz Serbia

14 years of accumulated experience in real estate including 9 years of investment management and real estate selling and leasing business. Knowledge and experience in locating and acquiring potential properties/investments, market analyses and researches, promotion, marketing, sales, leasing as well as real estate project execution. Proven ability in promoting business collaborations between companies. More »
Sremska Mitrovica is a city situated 75 km west of Belgrade and 60 km south of Novi Sad with approximately 37,000 inhabitants and an overall catchment area consisting of around 163,000 people. The Stop Shop will be located in the west of the city with access to one of the main roads, directly next to a major supermarket. Among the Stop Shop tenants are popular brands such as New Yorker, LC Waikiki, Deichmann, Sport Vision and DM.



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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