BIG CEE Serbia purchases shares in Fashion Park Outlet Indjija

BIG CEE Serbia purchases shares in Fashion Park Outlet Indjija

Published at: 2019-06-07 09:55 | Author: CIJ Serbia
The Group BIG CEE Serbia signed a contract with the Fashion Company for the acquisition of shares in an outlet center in northern Serbia. BIG CEE became the majority owner with 67.5 percent shares in Fashion Outlet Center Indjija. The Fashion Company will keep the remaining 27.5 percent. The deal means that BIG Serbia has four shopping centers with a fifth under construction. BIG Fashion Park is planned as a 108,000 sqm mall, which is to open by the end of 2019. BIG CEE Serbia is a subsidiary of Big Shopping Centers Israel, which manages 58 shopping centers, including 27 in the United States.

Similar Stories:

European retail park floorspace increases by 2.2% in 2018
European retail park floorspace increased by 2.2 percent to 50.1 million sqm in 2018, with  »
First Primark opened in Slovenia
Primark has opened its first store in Slovenia in the capital of Ljubljana. The 4,200 sqm  »
Czech restaurants double in less than a decade
The number of restaurants in the Czech Republic has doubled over the last nine years to mo  »
Czech hypermarkets continue to lose ground to supermarkets
Supermarkets and discount grocery stores are among the fastest growing grocery formats in  »
When it comes to the development of smartphone apps for the retail sector, most of the act   »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »