BUSINESS PARK DALMATIA EXPANSION UPDATE

By Retail SEE Group / October 24, 2019

Poseidon Group confirmed the construction of a 30,000 sqm logistics facility for a major Croatian food retailer at Business Park Dalmatia. 

Located in Dugopolje close to Split, Business Park Dalmatia (BPD) has remaining land of almost 245,000 sqm.

The site is already the leading location in the region for distribution logistics, light manufacturing and food production facilities, among others.  

James Gunn, Poseidon Group corporate affairs director said: “We are delighted to see the start of development at Business Park Dalmatia that will improve employment opportunities and provide new services for local residents.  This is a major positive endorsement of our strategy and long-term approach in Croatia, where we have been present for 15 years.  This news will allow us to expand our strong pipeline of attractive commercial property investments while building scale across SE Europe and beyond.”

FLEXIBLE AND MODERN INFRASTRUCTURE 

BDP provides immediate access to major road networks and is fully equipped with modern infrastructure for water, gas, sewage and high-speed telecommunications that gives maximum flexibility to Croatian and international investors alike. 

AN EXCELLENT LOCATION FOR INVESTORS 

The minimum plot for development at BPD is 20,000 sqm (2 ha). The location possesses excellent access to public transportation and is highly visible from the adjacent A1 Dubrovnik-Zagreb highway, 10 minutes’ drive from Split and 30 minutes from Split International Airport.  Investors enjoy the support of the local municipality developing the Dugopolje Business Zone.

BDP offers an attractive work environment, close to the Adriatic Sea, with developers directed to deploy environmentally-friendly and sustainable construction materials that comply with green building standards.

POSEIDON GROUP RETAIL EXPANSION IN CROATIA 

Poseidon Group announced that this December they will be opening a retail park Zadar Shopping Capitol. With the new opening the company will increase its portfolio in Croatia to eight operating retail parks and neighborhood centers.

The Group continues to expand and strengthen its Capitol Park network throughout the country.  By the end of 2020, it will operate 11 Capitols nationwide.

Read full article about Zadar Shopping Capitol opening here. 

ABOUT POSEIDON GROUP

Established in 2001 in London, Poseidon has grown to employ more than 200 people globally. The current book value of its projects is EUR 1.2 billion 

Poseidon Group’s retail real estate portfolio is composed of more than 280,000 sqm of built and managed Capitol Parks and Capitol Centres across SE Europe, and 90,000 sqm of built supermarkets alongside more than 1,000 residential apartments and houses 

In Croatia the portfolio includes retail developments in Ivanic Grad, Jastrebarsko, Križevci, Krk, Kutina, Makarska, Požega, Sisak, Slavonski Brod, Vinkovci and Zadar.

The company is actively exploring co-investment partnerships in its UK and SE Europe portfolio with investors worldwide.

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