Friday, January 29, 2021
Home Real Estate Logistics Centers Attracting Investors in Serbia

Logistics Centers Attracting Investors in Serbia

Leading real estate consultancy company, CBS International, brokered the biggest logistics investment transaction in Serbia

The logistics and industrial market has become one of the most progressive and fastest-growing sectors in the real estate industry, showing the most resilience during these difficult times caused by the pandemic.

This is the very reason why the first registered investment transaction in Serbia during the pandemic, was in the segment of logistic centers.

CBS International highlighted that this transaction proves once more that Serbia is an attractive destination for international investors, with attractive yields not only in logistics but also in the office and residential markets.

BIG CEE ACQUIRES LOGISTIC CENTER

The leading real estate investor in Serbia, BIG CEE acquired a logistics and distribution complex, which is headquartered by Kuehne Nagel – a global leader in logistics, operating in Serbia since 2002. The leading real estate consultancy company CBS International, part of the Cushman & Wakefield Group, brokered this very important acquisition.

BIG CEE is part of BIG Shopping Centers Israel, which currently manages 59 shopping centers worldwide, including 27 shopping centers in the USA and 7 in Serbia.

Kuehne Nagel is an international company involved in sea logistics, air logistics, road logistics, and has a strong focus on IT-based integrated logistics solutions.

The acquired logistics complex spreads over 17,000 sqm and is in a long-term lease by Kuehne Nagel since 2007. It is located in the industrial zone of Belgrade, at the border of Dobanovci and Ugrinovci areas. The new owner will support the expansion of the complex with future investments to satisfy the growing needs of its tenant.

CEO of BIG CEE, Robert Yahav, stated:

“I’m very proud of the fact that, after numerous investments we made primarily in the retail segment – in shopping centers and retail parks, we have further strengthened our already significant portfolio in Serbia, with this new investment in the industrial and logistics market.”

The Director of a domestic construction company Kokir Gradnja, which developed the logistics center, Milan Kokir, commented:

“We’re very honored to have found a partner recognizing the significance and potential of this modern logistics complex, who will further continue to expand and develop facilities in line with the needs of the tenant on the remaining part of the land lot.”

ABOUT CBS INTERNATIONAL

A leading real estate consultancy company, CBS International is part of the Cushman & Wakefield Group, one of the world’s largest real estate consultancies with over 53,000 employees in more than 60 countries and a revenue of $ 8.8 billion in 2019.

As a regional leader, CBS International has been operational for nearly two decades in the real estate market in Serbia and has an impeccable track record, providing a wide range of integrated services: real estate appraisal and development consulting, leasing and selling office and retail space, renting and selling residential space, leasing and selling industrial property, sale of land, market research, project management, marketing, and property management and maintenance.

For more information, please visit www.cw-cbs.rs / www.cushmanwakefield.com

Retail SEE Group
Retail SEE Grouphttp://www.retailsee.com
Retail SEE Group publishes articles about the retail real estate market and distributes it to the international business community subscribed to our newsletter. If you would like us to cover a story about your project, company, or brand please contact us.
- Advertisment -

Subscribe to our newsletter

To be updated with all the latest news, features and special announcements.

Most Popular

Ananas – the new Amazon or AliExpress in Eastern Europe

Delta Holding is developing the first regional online retail platform called Ananas due to launch in the first half of 2021. The platform will cater to people in the countries of former Yugoslavia, including Albania.

A New Food Court Area in Stadion Shopping Center

Stadion Shopping Center in Belgrade finalized its food court renovations, presenting a completely new and improved 400 sqm space.
00:01:34

Talking Mannequins Presented by Paul Jean Gaultier

Paul Jean Gaultier fashion exhibition at the Museum of Modern Art in Belgrade presented talking mannequins, that responded to the movement of visitors. With the development of facial recognition and AI technology, one must wonder will dolls replace human sales staff in the future?

Mistakes of Retailers which went Bankrupt in 2020!

According to Forbes over 160 retail companies filed for bankruptcy in 2020. It is easy to assume that the pandemic destroyed these companies, but maybe their failure to adapt to changing trends has been the main cause of their troubles. Let us analyze some popular bankrupt retailers to learn from their mistakes.