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Serbia's Delta Holding starts to build 70 mln euro shopping mall in Nis

Serbia's Delta Holding starts to build 70 mln euro shopping mall in Nis Delta Holding Nis Source:

BELGRADE (Serbia), February 20 (SeeNews) – Serbian diversified conglomerate Delta Holding said it laid the foundation stone for a shopping mall worth 70 million euro ($75.6 million) in the southern town of Nis.

Delta Planet Nis, which will spread over 40,000 sq m, will have two floors and parking space for 850 vehicles, Delta Holding said in a press release on Wednesday. 

"At the moment, we are also building an Indigo hotel in Belgrade, a Delta House office building also located in Belgrade, and we are starting the construction of Delta Planet shopping mall located in Nis,” Zorana Burlic, CEO of Delta Real Estate Group,a unit of the holding company, said.

She added that the company plans to invest some 400 million euro in the forthcoming years in the construction of 370,000 sq m of office space.

Apart from many restaurants, cafes and entertainment facilities, the mall will host the first 4DX cinema in Nis. 

The new shopping mall is scheduled to open in the spring of 2021.

In March 2018, Delta Real Estate opened shopping malls of the Delta Planet brand in Bosnia's Banja Luka and Bulgaria's Varna.

In January, Delta Holding said it plans to launch the construction of a hotel under the Holiday Inn brand in Slovenia's capital Ljubljana in the third quarter of 2020. 

Last year, Delta Holding recorded a turnover of 60.45 billion dinars, a 4% increase on the previous year. EBITDA was worth 5.23 billion dinars, a rise of 9%.

($ = 0.9263 euro)