SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Israeli Developer Big CEE Launches 60 Mln Euro Retail Park Construction in Serbia

Nov 13, 2009, 5:28:15 PMArticle by Vera Ovanin
share
BELGRADE (Serbia), November 13 (SeeNews) – Israeli property developer Big Central European Estates Group (Big CEE) said on Friday it is launching the construction of a 60 million euro ($89 million) retail park in Serbia’s northern town of Novi Sad. 

Israeli Developer Big CEE Launches 60 Mln Euro Retail Park Construction in Serbia

“We believe that we are at the end of the economic crisis and that now it is the right time for investments,” the director of the company’s  Serbian unit, Robert Jahav, said in a statement.

The 32,000 square metre retail park is part of Big Cee’s 500 million euro investment planned for the Balkan country, the statement said. The company has 10 retail parks in the pipeline across Serbia’s major cities.

The retail parks will be built on the outskirts of the cities, Jahav said in the statement. 

($=0.6724 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.