April 18 (SeeNews) - Austrian real estate company Immofinanz said on Wednesday it will open its fifth Stop Shop retail centre in Serbia, in the town of Pozarevac, on April 19.
"Stop Shop retail parks offer a wide range of products with a good price to quality ratio", Immofinanz said in a statement sent to SeeNews.
Stop Shop is the company's brand for retail parks in Central and Eastern Europe.
According to Serbian media reports, Immofinanz has invested 10.5 million euro ($13.0 million) in its Stop Shop retail centre in Serbia, which spreads on an area of 7,200 sq m.
Immofinanz opened its first Stop Shop in Serbia in Cacak in April 2015.
($=0.809312 euro)