Thursday, August 6, 2020
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Tag: Immofinanz

STOP SHOP Retail Parks

STOP SHOP is a retail park chain in Central and Eastern Europe, developed by IMMOFINANZ.

IMMOFINANZ Tackles COVID-19 Impact on Retail Activities

The government authorities in all countries where IMMOFINANZ owns and operates retail properties have recently imposed restrictions and implemented various measures to contain Covid-19. IMMOFINANZ gives us a break down on how these measures will affect their retail business and how they have implemented a cost savings programme. 

IMMOFINANZ CELEBRATES FOUR YEARS OF BUSINESS IN SERBIA

The Austrian company IMMOFINANZ celebrated 4 years of business in Serbia on the 20th of November in the presence of its partners, local officials and media representatives.

STOP SHOP PORTFOLIO EXPANDING TO 90 LOCATIONS

IMMOFINANZ has announced that they will expand their STOP SHOP retail park portfolio to 90 locations in nine countries by the end of 2019. With recent acquisitions and developments the portfolio will in total comprise of over 650,000 sqm of rentable space and will have a book value of approximately  900.0 million EUR.

Immofinanz Acquires Five Retail Parks in Slovenia and Croatia

The Belgrade office of the US based real estate consultancy company CBRE has successfully advised MID Group on the sale of five retail parks in Slovenia and Croatia to Austrian real estate company IMMOFINANZ, for a total of just under 50 million EUR.
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Leading real estate consultancy company, CBS International, brokered the biggest logistics investment transaction in Serbia.

Major Banks Supporting Skopje East Gate Project by Balfin

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.

Galerija Belgrade Opening in October 2020

Galerija Belgrade, the largest shopping center in Serbia and in the region, is scheduled to open on the 8th of October. The opening date has been officially confirmed by its developers Eagle Hills.

New Brands at Mall of Split

Mall of Split in Croatia is continuously surprising its visitors with new stores. Recently the mall celebrated the opening of Zara, Calvin Klein, Sketchers, and LULU Gold.