Czech Sebre Holding to invest EUR 150 mln in Belgrade

Museums

Photo by TinnitusDoll/Shutterstock.com

Czech real estate developer Sebre Holding plans to invest some EUR 150 million in the construction of a residential and office complex in Serbia’s capital Belgrade, Czech daily E15 reported on Tuesday.

A residential and office complex is planned around the Dorćol marina on the Danube in Belgade (photo by TinnitusDoll/Shutterstock.com)

The investor plans to launch the construction of the complex, to be located in the Dorćol neighborhood in Belgrade, on an area of 4.5 hectares on the Danube riverbank, within a year and a half, news site SeeNews quoted E15 as saying.

According to Wikipedia, Dorćol is located along the right bank of the river, and is one of the oldest surviving neighborhoods in the capital. Known for its urban charm, the area has undergone an artistic revival since the 2000s.

Earlier this month, the Belgrade city government sold the land, including the Dorćol marina, to Sebreʼs Serbian unit, MD Investments 2000, for EUR 32 million.

“This is the most attractive plot in Belgrade,” E5 quoted the director of MD Investments 2000, Peter Dajko, as saying.

ADVERTISEMENT

More Romanians at poverty risk since the COVID pandemic Analysis

More Romanians at poverty risk since the COVID pandemic

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.