GTC raises €123 million via new share issue
Subsequent to the shareholders’ decision in June 2021 to increase the company’s capital, GTC offered 55,000,000 O-series bearer shares. On the back of strong demand, the company eventually sold...
Tag: Serbia
MPC Properties buys Delta City shopping center in Belgrade
MPC Properties, a regional leader in construction and real estate management, acquired Delta City shopping center. This acquisition further strengthened MPC retail portfolio consisting of UŠĆE Shopping Center, the...
EBRD extends €25 million loan to Erste Bank in Serbia
The European Bank for Reconstruction and Development (EBRD) is extending a new loan of up to €25 million to Erste Bank Serbia to support the resilience of small and medium-sized...
BIG Group raises €55 million at the Israeli stock exchange to aid expansion
The BIG Group intends to use the proceeds from this bond issue to continue its expansion in Serbia and in the Balkan region. BIG Shopping Centers Ltd., the controlling...
Belgrade Waterfront adds one more residential building
Belgrade Waterfront is adding one more residential building which will be its 24th. BW Eterna is a building with 223 residential units on six standards and two recessed floors....
EBRD loans €10 million to Serbian producer of recycled cardboard
The European Bank for Reconstruction and Development (EBRD) is supporting Umka, a leading manufacturer of recycled cardboard in the Western Balkans region and based in Serbia, with a €10 million...
Structural works completed on Kula Belgrade
The completion of structural works on Kula Belgrade, the future symbol of the Serbian capital, was celebrated in the presence of the Serbian President Aleksandar Vučić and the Chairman...
NEPI sells €61 million Serbian retail portfolio to BIG CEE
Real estate services platform Novaston was an exclusive support agent in the sales process of two retail properties in Serbia between two influential investors in the Balkan region: NEPI...
GTC’s Green Heart receives BigSEE Award
Green Heart, a unique example of best practices in sustainable and responsible development, has received the BigSEE Interior Design Award. Created together with KDA Architects, the Green Heart stands...
Landmark transaction in Serbia: GTC sells office portfolio to Indotek Group
Globe Trade Centre has decided to sell its Belgrade office portfolio to the Hungarian investor Indotek Group. The proposed acquisition price is €267.6 million, exceeding the book value of...
First Delta Planet Shopping Mall opens in Serbia
The Delta Planet Shopping Mall in Nis has opened to visitors. This, the first Delta Planet in Serbia, has 40,000 sqm across two floors and 850 parking spaces for...
GTC’s Green Heart is LEED certified
The Green Heart office complex consists of five A-class offices occupying 46,300 sqm state-of-art space, designed with the environment and tenant comfort in mind. In February 2021, the Green...
