News Article development Poseidon Group retail retail park SEE Serbia
by Property Forum | Retail

Poseidon Group continues to invest in the Serbian retail market by bringing its Capitol Park brand of retail parks to Zajecar in spring 2019.

“Capitol Park Zajecar will be Poseidon Group’s fifth retail park in Serbia. This €10 million investment will provide 18 stores of leading Serbian and international brands, generating new shopping and leisure facilities in the city. Some of the brands that will join Capitol Park Zajecar are JYSK, Nefa furniture, Studio Moderna, Extreme Intimo, Opposite shoes, Djak sport, Lilly, LC Waikiki, New Yorker, Deichmann, Sinsay and N Sport, with more names to be announced in the following months. It will also boost the economy of Zajecar by bringing around 300 jobs to the local community in the construction phase and 200 more upon opening. We decided to invest in Zajecar because of its central location in the Borsko-Zajecarski district, the improving economic outlook for the city, and lack of modern retail complex in this part of Serbia. We are proud to confirm that months before the opening we have let over 80 % of the retail space in Capitol Park Zajecar,” said Poseidon’s Corporate Affairs Director James Gunn.
The 20,000 sqm plot is situated in the city centre on the corner of Cupiceva and Djure Salaja streets.
As well as Capitol Parks, Poseidon Group will announce new platforms outside the retail sector during 2019.