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
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.
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”.
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.
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.
This November, the construction of another exceptional business project will begin in Belgrade called "Skyline Omnia". The business tower will be part of a business complex “Skyline Belgrade” located on Kneza Miloša Street.
Belgrade Galerija, the largest shopping, gastronomic and entertainment destination in the region, opened on the 30th October in the presence of Eagle Hills President Mohamed Alabar, Serbian President Aleksandar Vučić, and Serbian Prime Minister Ana Brnabić.
At a press conference held on the 30th of July, a syndicated loan agreement was signed to finance the construction of a new shopping center development by Balfin Group, known as East Gate Mall in Skopje.
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