by Property Forum | Retail

Deputy Mayor of Belgrade, Goran Vesić and CEO of MPC Properties Ingo Nissen have officially laid down a foundation stone at the construction site of a new shopping centre in Belgrade with over 43,000 sqm of sales space and a total built area of 130,000 sqm. The project is a joint venture of MPC Properties, the largest investor in the region of South-East Europe and Atterbury Europe, focused on shopping centre investments and retail development opportunities in Europe, which will collectively invest more than €110 million in this project.

The opening ceremony of the new shopping centre is planned for the spring of 2020 and thanks to this investment over 150 international and regional brands will enrich this part of Belgrade with their offers. The concept of the new shopping centre follows the latest global trends in retail with multiple open areas, lots of natural light and greenery, all in order to provide consumers with the maximum comfort to shop and relax. The design of the building was created by Chapman Taylor based in Dusseldorf, Germany.
“By analysing the market and following global trends, we have estimated that this is an ideal moment to offer quality, comprehensive and modern retail concept at the location which does not have a modern shopping destination. The shopping centre will feature a specially created tenant mix, with well-known international and regional names, from fashion and sports brands, from cinema to supermarket and a rich offer of restaurants, bars and coffee shops. It is our utmost pleasure to inform you that on the day of laying the foundation stone, more than 60% of sales premises have been leased, which speaks for itself about the location. I also have to express my gratitude to the city administration for another exceptional cooperation and the speed of acquiring all necessary permits, which will hopefully continue in the future” said Ingo Nissen, CEO of MPC Properties.
“As co-developers Atterbury Europe is extremely thrilled with the construction start of this state-of-the-art shopping centre alongside MPC. Belgrade is an exciting city with loads of growth potential and it is our privilege to be part of this exciting development whereby an abandoned industrial site can be transformed into a place of shopping, relaxation and enjoyment for the citizens,” explains Raoul de Villiers, Director of Developments for Atterbury Europe