ARTICLES LABELLED WITH TAG Serbia

News How will the war impact Serbia’s construction market?
27
Apr
2022

How will the war impact Serbia’s construction market?

by Property Forum
Serbia’s construction market was booming when the economic and geopolitical situation changed, so the complicating circumstances in the world are stifling the potential growth and slowing down the ongoing recovery. Inflationary pressures have exploded with the start of the war in Ukraine and the effects of the current crisis are still unforeseeable, writes Dejan Krajinović from Beobuild Core d.o.o. for EECFA Serbia.
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News IREP and West Properties sign JV to expand in SEE
10
Mar
2022

IREP and West Properties sign JV to expand in SEE

by Property Forum
IREP and West Properties have joined forces in a partnership to provide full real estate services for Serbia and the wider Balkans region. In a strategic move that will be announced at MIPIM in Cannes, France, the two companies will combine key services, knowledge and experience to offer a comprehensive and dynamic range of services currently not available in this region.
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News Indotek closes purchase of Serbian portfolio from GTC
12
Jan
2022

Indotek closes purchase of Serbian portfolio from GTC

by Property Forum
Indotek Group has completed the acquisition of 11 office buildings in 5 business parks in Belgrade from GTC. With the closing of one the recent years’ largest transactions in CEE, Indotek Group has further strengthened its position in the regional real estate market and is now present in 12 countries.
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News MPC Properties buys Belgrade's Delta City shopping centre
09
Dec
2021

MPC Properties buys Belgrade's Delta City shopping centre

by Property Forum
MPC Properties has acquired the Delta City shopping centre in Belgrade from UK-based Hystead Limited for €115 million.
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News SEE construction markets’ outlook looks more promising
08
Dec
2021

SEE construction markets’ outlook looks more promising

by Property Forum
Romania is expected to see only moderate growth on the horizon. Serbia, having recorded the biggest expansion of almost 100% in the 2014-2020 period, is foreseen to plateau in the upcoming years, according to the Eastern European Construction Forecasting Association’s 2021 Winter Construction Forecast Report.
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News Climate change presents an opportunity for those that act fast
02
Dec
2021

Climate change presents an opportunity for those that act fast

by Ákos Budai
Climate change presents new challenges for the real estate sector but also an opportunity to get ahead of the competition. The topic was discussed at Balkans Property Forum 2021, Property Forum’s annual event in Belgrade.
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News BIG CEE raises €55 million at Israeli stock exchange for Balkans expansion
21
Oct
2021

BIG CEE raises €55 million at Israeli stock exchange for Balkans expansion

by Property Forum
BIG Shopping Centers Ltd., the controlling shareholder (~95%) of BIG CEE, successfully raised NIS 205 million (approx. €55 million) by issuing secured bonds in the Israeli stock exchange by refinancing the following shopping centres: BIG Fashion Kragujevac, BIG Kruševac and BIG Fashion Outlet Inđija.
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News Belgrade Waterfront adds one more residential building
13
Oct
2021

Belgrade Waterfront adds one more residential building

by Property Forum
Belgrade Waterfront is adding one more residential building which will be its 24th. BW Eterna is a building with 223 residential units on six standard and two recessed floors. This building has apartments of different sizes and structures – from one to four-bedroom apartments.
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News BIG CEE Serbia appoints new CEO
02
Sep
2021

BIG CEE Serbia appoints new CEO

by Property Forum
Lev Weiss has been appointed the new CEO of the BIG CEE Serbia.
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News Prime yields in Belgrade are expected to be under pressure
01
Sep
2021

Prime yields in Belgrade are expected to be under pressure

by Ákos Budai
One of the largest real estate transactions of the last 5 years on the CEE market was inked in Belgrade this year and the Serbian capital is attracting further investor interest. Srdjan Teofilovic, Head of Capital Markets & Investor Services at CBS International, member of the Cushman and Wakefield Alliance, talked to Property Forum about the trends driving Serbia’s investment market.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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