CTP is building a new turbine factory for BMTS at CTPark Novi Sad which will be handed over in April 2020. A considerable part of the facility will be equipped with all the necessary features for R&D activities.

At the beginning of December, Delta Holding will launch the construction of a new office building, Delta House in Belgrade which will house the company's future headquarters, local media reports. The 23,000 sqm building will be constructed in New Belgrade, between the Crowne Plaza Hotel and Geneks Apartments, following an investment of €40 million.

On 3 December 2019, Balkans Property Forum 2019, a conference and networking event for real estate professionals from all over Southeastern Europe will be held in Belgrade. Over 150 guests will come together in the Serbian capital to discuss key issues and explore the latest trends influencing the future of the real estate industry.

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.