Immofinanz opens its 7th Stop Shop retail park in Croatia in the town of Gospić, expanding its total network to 123 retail parks across Europe.
The new STOP SHOP opened on the 8th of December and is located on Budačka street in Gospić, serving a catchment area of approximately 29,200 people. The retail park consists of GLA 8,500 sqm and offers 166 parking spaces. The project was finished on time and achieved 100% occupancy.
Tenants include famous international and local brands such as SPAR supermarket, Takko Fashion, Tedi, New Yorker, Sinsay, Sport Vision, MANA, Sportisimo, NKD, BIPA, Optika Anda, YES and others.
Joško Piteša, Immofinanz Manager of Operations for Croatia, stated at the opening ceremony:
Our vision is clear – to attract thrifty, smart customers who appreciate accessibility and practicality, and who will be able to find a wide variety of products within our stores. I am convinced that the new STOP SHOP will simplify life for the citizens of Gospić and the entire region.
This is the 4th Stop Shop retail park that Immofinanz opened in Croatia in 2022. Today Immofinanz operates 7 Stop Shops in the country, with the remaining 6 located in Osijek, Valpovo, Ludbreg, Našice, Kaštel Sućurac, and Velika Gorica.
STOP SHOP Portfolio
STOP SHOP is a brand of retail parks by IMMOFINANZ in Central and Eastern Europe. Each retail park covers a catchment area o 30,000 to 150,000 inhabitants and offers a wide range of affordable brands. With its good traffic connections as well as spacious parking, STOP SHOP targets practical, smart shoppers, who value easily accessible locations.
IMMOFINANZ STOP SHOP portfolio, with the latest openings, includes 123 retail parks in nine countries. They are located in Slovakia, Slovenia, Hungary, Austria, Serbia, the Czech Republic, Poland, Croatia, Italy, and Romania.
IMMOFINANZ is a commercial real estate investment and development company whose activities are focused on eight major European markets: Austria, Germany, Poland, the Czech Republic, Slovakia, Hungary, Romania, and the Adriatic region, including Serbia.
The company’s main activities include real estate management and development. Its project portfolio includes STOP SHOP retail parks, VIVO! shopping centers and myhive office spaces. With a new On Top Living brand, IMMOFINANZ is now expanding its business into the field of sustainable and affordable living.
The company owns a real estate portfolio worth about 5.4 billion EUR, which includes more than 220 buildings.
IMMOFINANZ is on the stock exchanges in Vienna (leading AT index) and Warsaw