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Plaza Centers acquires Serbian retail project

Tourism

Real estate developer Plaza Centers NV said it acquired a €105 million retail development project in Belgrade, its third in the Serbia.

The market property developer said the site will provide a 40,000 square meter shopping and entertainment center, with potential for additional residential and office development.

Chief executive Ran Shtarkman said due to economic growth in Serbia, the company sees strong demand for large-scale, mixed use developments from commercial occupiers and visitors. (dah.kiev.ua)

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