MPC and Atterbury launch €110 million Belgrade retail project

19
Oct
2018
News - MPC and Atterbury launch €110 million Belgrade retail project #Atterbury #Belgrade #development #mall #MPC Properties #retail #SEE #Serbia #shopping

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



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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