July 10, 2017

Erste Group completes €40 million Belgrade office complex

Erste Group completes €40 million Belgrade office complex

Erste Group officially opened the Sirius Offices business complex in Belgrade for tenants who are expected to enter the building soon. Erste Bank Serbia is the first tenant to move into the new business complex, which will become its main business centre in Belgrade. Beside Erste Bank, Strabag Beograd has been secured as a second large anchor tenant, renting 4,000 sqm office space.

The first phase of the investment is worth €40 million and the complex occupies an area of 18,500 sqm gross of office space. Besides office premises, Sirius Offices includes a restaurant, a shop and 230 parking places.

The Sirius Offices complex is located in the business part of New Belgrade, at the corner of Bulevar Milutina Milankovića and Antifašističke Borbe Street. The guiding idea of the Sirius project was environmental sustainability, so the building has been constructed according to the highest environmental standards. The complex will be certified by BREEAM guidelines, and will comply with strict energy efficiency requirements, ensuring minimal energy consumption for heating and cooling, as well as use of renewable and recycled materials. High quality of Sirius Offices has been ensured by construction concern STRABAG.

“Being the business and leisure heart of Serbia, Belgrade has seen the need for more high-quality and well-located business centres in the city. The Sirius Offices project is in line with our strategy to scale up in high-growth cities across Central and Eastern Europe, such as Belgrade, where Erste Bank Serbia has established a firm foothold. So far, we have financed various projects in Serbia, office and apartment complexes as well as retail parks,” commented Richard Wilkinson, Richard Wilkinson, Head of Commercial Real Estate at Erste Group Bank AG.

In addition to this, the branch will be equipped with a drive-in ATM and a 24/7 self-service zone. Another novelty for Belgrade is the possibility for companies (legal entities) to deposit cash money at the ATM located within the premises of Erste Bank branch. All of this will enable faster use of standard services for the bank’s customers and free the branch employees’ time for more advisory. 

The second phase of the Sirius Offices project will entail the construction of 12,500 sqm gross and additional 160 parking spaces.

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