ARTICLES LABELLED WITH TAG Serbia

CTP will complete the construction of a new factory in Kragujevac, Serbia for one of the world leaders in the production of car components. The investment is worth €16 million and will help create around 800 jobs in Kragujevac in the surrounding places.

Immofinanz assigned Novaston to support the opening of their Stop Shop retail park in Sremska Mitrovica. All four Novaston platform sister companies were involved in the services. Novaston Asset Management supported with leasing services, while Novaston Facility Management assisted with technical support. Moreover, Novaston Project Management helped organizing tenant coordination, while Novaston Marketing Consultancy was involved with the opening event and marketing promotion.

CTP Invest's first project in Serbia - construction of CTPark Belgrade West - has been completed successfully.

Developments in Serbia, the newest country in the CTPark Network, are fully underway. CTP is developing Class A properties around the capital Belgrade and other regional cities to respond to the growing demand in this new CEE business hotspot.

Group BIG CEE Serbia entered into a partnership with Fashion Company to acquire one more commercial centre in Serbia, Fashion Park Outlet Indjija. BIG Group acquired the majority of shares (67.5%) in this project, with Fashion Company as the main partner, which holds remaining rights (27.5%).

GTC Serbia opened Ada Mall, its first shopping centre in Belgrade, Serbia. It is the only latest-generation shopping centre in the Serbian capital and covers an area of over 34,000 sqm. This extraordinary shopping mall was designed to provide its visitors with a unique Belgradian shopping experience.

The first building of the Green Heart complex in Belgrade has been officially opened. Nordeus, independent mobile gaming company based in Belgrade, chose GTC’s office centre to create their new studio. To accommodate a team of 170 people, the creator of competitive games leased 6,000 sqm across seven floors with three additional underground levels for parking.

Since the beginning of April Novaston Marketing Consultancy has taken over all marketing activities for Rajićeva Shopping Center in Belgrade, from BTL to PR and digital.

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.

Serbia's Ministry of Construction, Transport and Infrastructure has issued a permit for the construction of the Kula Belgrade tower to Belgrade Waterfront, the developer of the Serbian capital’s largest real estate project, local media reports.