Wednesday, September 20, 2023
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Real Estate News

FASHION HOUSE Pallady Phase 2 Opening in Q3 2024

FASHION HOUSE Group has started construction on the second phase of FASHION HOUSE Pallady in eastern Bucharest

IMMOFINANZ Delivers Strong H1 2023 Results

IMMOFINANZ Group reports extraordinary growth in the first half of 2023, marked by a substantial surge in both rental income and operating results.

The First Retail Park in Bor to Open in 2023

The first retail park in the Serbian town Bor is under construction and planned to be completed by the end of 2023. 

BEO Shopping Center Wins Prestigious ECSP Award!

BEO Shopping Center in Serbia wins the prestigious 2023 European Council of Shopping Places (ECSP) Award in the “New Development” category.

CC Real Prepares for Croatia’s Sunday Closing Law

CC Real, a leading shopping center management company, responds to the new ‘no work on Sundays’ law in Croatia which will take effect this July.

IMMOFINANZ Reports Strong Operating Performance in 2022

IMMOFINANZ: Strong operating performance in challenging times drives portfolio growth and robust balance sheet structure.

Smart City Technology Transforming Central and Eastern Europe

Here are five ways cities are being transformed with the implementation of smart city technology across Central and Eastern Europe.

5 Reasons Why Real Estate Developers are Investing in Marble

Real estate developers are turning to marble as an investment strategy in 2023, according to Alkis Georgiadis, Director of StoneAge.

Unirea Shopping Center Launches Worldwide Search for New CEO

Unirea Shopping Center in Bucharest, is undergoing extensive renovation and repositioning in order to meet the new global retail market demands and is seeking a shopping center expert to bring the mall to new heights.

Select Group Starting Construction on New Developments in Dubai

Select Group signs construction contracts worth over 753 million EUR, for new real estate projects in Dubai equaling to approx.10 million square feet.

Shop Park Retail Park in Arandjelovac Opening in 2023!

Niksen Ltd, developer and operator of Shop Park retail parks in Serbia, announced they have finalized the urban planning for their new retail park project in Arandjelovac.

Global Luxury Real Estate Market Report for 2023

The demand for global luxury real estate is on the rise in 2023, despite economic and geopolitical uncertainties worldwide. 

The 7th Stop Shop Retail Park Opens in Croatia

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.

ALEJA Shopping Center Named Finalist For ECSP Award

ALEJA Shopping Center in Ljubljana was chosen as a finalist for an International Design and Development Award. 

Boka Place: An Outstanding Business Opportunity in Montenegro

Boka Place, a multi-use complex part of Porto Montenegro, will open in Spring of 2024. This is a great business opportunity for entrepreneurs, retailers, and F&B operators looking to expand in Montenegro.

Dubai Expecting a 4% Increase of Millionaires in 2022

While countries such as the United Kingdom, China, and India are losing wealthy people, Dubai is expecting about a 4% increase in millionaires by the end of this year – four times the number of millionaires it attracted pre-pandemic.

Marriott Apartments: A New Global Development Opportunity

Marriott International, announces its expansion into apartment-style accommodations due to growing interest among young travelers to blend work and travel. The new offering is expected to spur development opportunities globally!

Immofinanz Expanding Electric Car Chargers Across Serbia

IMMOFINANZ is installing high-performance electric car chargers in all of their STOP SHOP retail parks across Serbia.

TLD Belgrade Offices Open for Business!

TLD Belgrade, an A-class office building in the heart of Belgrade, officially opens for business offering panoramic views and much more.

Two New SHOP PARK Retail Parks to be Constructed Soon in Serbia!

The construction of two new SHOP PARK retail parks in Serbian towns Loznica and Arandjelovac will begin soon. The total investment value will equal 36 million EUR.

MPC Properties Contributions Towards a Healthier Ecosystem

MPC Properties has developed a socially responsible strategy in accordance with ESG goals (Environmental, Social, Governance) in order to achieve the well-being of the wider community in Southeast Europe.

Results of CC Real in Managing Max City: Long Term Stability, Growth, and Sustainability

Despite the global pandemic and geopolitical and economic turmoil, Max City in Pula, achieved in the past 18 months an increase in visitor traffic and turnover all thanks to quality asset management!

MPC Properties Receives “WELL HEALTH-SAFETY” Certificate

MPC Properties is the first company in Serbia to receive the "WELL Health-Safety" certificate for a portfolio of eight business and retail assets awarded by the International WELL Building Institute.

GALERIA Shopping Mall’s Success with Solar Power Energy

GALERIA Shopping Mall, one of the biggest malls in the Kosovo region, has saved 1900 trees in just one year by installing a rooftop solar power system in June 2021.

Mitiska REIM Preparing For New Real Estate Investments

Mitiska REIM, the leading specialist investor in European convenience real estate, has today announced the first close at €137 million of its third flagship fund, Mitiska European Real Estate Partners 3, giving the fund over €270 million in immediate investment capacity.

RC Europe Starts Construction on 2nd Phase of NEST Obrenovac

RC Europe has started the construction for expanding its existing NEST retail park in Belgrade's municipality Obrenovac.

IMMOFINANZ Releases Financial Results for Q1 2022

IMMOFINANZ successfully completed a solid start into the 2022 financial year. Like-for-like rental income rose by 4.3% in the first quarter, the occupancy rate remained high at 94.4%, and FFO 1 before tax was stable at a very good level of EUR 34.4 million

New Ava Shopping Park Opening in Belgrade, Serbia

AVA Shopping Park, a new retail park development by IKEA, is scheduled to open on the 26th of May in Belgrade.

The SEE Real Estate Market After the Crises!

Real estate experts came together at the Zagre2022 conference in Croatia to discuss real estate investment challenges and opportunities across the SEE region.

Emonika Mixed-Use Project to Become the New City Center of Ljubljana

A huge mixed-use project worth 500 million EUR will be developed in Ljubljana, which will consist of a shopping center, hotel, offices, and apartments, as well as a redevelopment project of the city's train and bus station.

Final Coutdown to the Opening of Diamond Mall in Skopje

Diamond Mall, a new mall under construction in the center of Skopje, is set to open in March 2023. It is an integral part of a multifunctional complex called Diamond of Skopje.

IMMOFINANZ Launching a New Residential Brand called „On Top Living“.

IMMOFINANZ will present a new residential brand of residential projects „On Top Living“ at MIPIM, the world's largest real estate fair in Cannes.

Leskovac Retail Park Bringing Retail Innovations to the Balkan Region

Leskovac Retail Park in Serbia will soon be under construction and it will present a whole new retail park concept in the Balkan region. Its innovative layout design will completely change the way we see retail parks, and lead us towards the future of “green shopping entertainment cities”.

Colosseum Mall Signs New Lease Agreement with Douglas

Colosseum Mall in Bucharest announced that Douglas will be joining the tenant portfolio of its new expansion project due to be completed in Spring 2022.

Poseidon Group Sells Six Retail Assets in Croatia!

Poseidon Group sold but retained the asset and property management of its retail property portfolio in Croatia, valued at 50 million EUR.

MPC Properties Acquires Delta City Shopping Center in Belgrade

MPC Properties, a regional leader in construction and real estate management, has acquired one of the most popular shopping centers in Belgrade, Delta City.

IMMOFINANZ Reports Top Financial Performance in 2021

IMMOFINANZ again demonstrated its strong earning power in the first three quarters of 2021. The results of operations and net profit are clearly above the pre-crisis level!

IMMOFINANZ Refurbished Over 10,000 sqm of VIVO! Baia Mare

VIVO! Baia Mare shopping center in Romania celebrated this month the reopening of one-third of its retail space, welcoming LIDL supermarket and more than ten new stores.

Ozana Business Club Porto Montenegro: Your Perfect Business Center

Imagine having an office space in sunny Montenegro at a luxury marina resort. Your dream can come true thanks to business center Ozana Business Club Porto Montenegro.

MPC Properties Introduces Tailor Made Offices for the New Generation

MPC Properties in Serbia is finalizing the construction of a new office building, TLD Belgrade, which brings office space innovations to satisfy the newer generation of workers.

Stop Shop Portfolio in Serbia Reaches 100% Occupancy

Serbian STOP SHOP retail park portfolio reached 100% occupancy! This means IMMOFINANZ has fully leased out all of its 14 retail parks in Serbia.

Novaston Presents a New Business and Logistics Center in Novi Sad

Novaston, Schneider Electric, and Novkabel team up to create a modern business and logistics Center in Novi Sad.  The new oasis for IT professionals will consist of 17.000 sqm and will open in 2022.

Novaston Assisted the Acquisition of Two Retail Properties in Serbia

Novaston managed the acquisition process of two retail properties in Serbia worth 61 million EUR between Nepi Rockcastle and BIG CEE.

Novaston Becomes the Exclusive Leasing Agent for a New Office Building “Revolucija” In Belgrade

Novaston Asset Management, part of the Novaston platform, has become the exclusive agent for renting out office space within the new "Revolucija" building, located at the intersection of Bulevar Kralja Aleksandra and Golsvordijeva Street, in Belgrade.

RC Europe Opens its 4th NEST Retail Park in Serbia

RC Europe, the developer of NEST retail parks in Europe, opened its 4th retail park in Belgrade's municipality Obrenovac.

Inspirational Success Story of Beo Shopping Center

BEO Shopping Center: From a Ruined Factory to Two International Awards for Design and Architecture

Nest Obrenovac Retail Park to Open this May

RC Europe, the developer of NEST retail parks in Serbia, is constructing a new retail park in Belgrade's municipality Obrenovac, due to open on the 27th of May.  

Galerija Belgrade Awarded as the Best Large Shopping Mall in CEE

Galerija Belgrade is the winner of the EuropaProperty CEE Retail & Marketplace Award for 2021 in the category of the best large shopping mall in Central and Eastern Europe.

Beo Shopping Center Receives Two International Property Awards

BEO Shopping Center has won two prestigious International Property Awards in the "Best Retail Architecture" and "Best Retail Interior" categories.

Retail Parks Continue to Expand in Serbia

The popularity of retail parks in Serbia continues to grow. Last year we have seen the opening of four new retail parks across the country, acquisitions of six existing retail parks, and the announcement of new retail park developments for 2021.

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