Immofinanz announces construction of more retail parks

Austria’s Immofinanz has announced that it will build three new retail parks in Srbija next year, in Pozarevac, Lazarevac and Vrsac. New Stop Shop parks will have a total of nearly 23,800 square meters of rent space.

Stop Shop in Pozarevac will have nearly 7,000 square meters of rent space and 230 parking spaces, whereas the retail park in Lazarevac will spread across around 8,600 m2 with 190 parking spaces. The third announced Stop Shop will be raised in Vrsac and will contain 8,200 square meters of rent space and 330 parking spaces. According to the plans, each of the three facilities will contain 22 stores.

The facilities are in various stages of planning and construction, and it was announced that all three projects will be completed in 2017, they say at Immofinanz. The total value of the investment in the three facilities has been estimated at around EUR 30 million.

Darko Grizelj, general manager of Immofinanz in Serbia, says that future tennants have already shown great interest in retail facilities in the new retail parks.

He adds that the company is already considering further investments in our country, announcing new retail parks in other cities of Serbia.

Regarding Belgrade and Novi Sad, Grizelj says that “it’s not certain how much space is left and how much need there is for new retail centers” in the biggest city in Vojvodina.

(eKapija, 01.12.2016)

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