First factory outlet development to open in Serbia

Belgrade Outlet Shopping Center has an extraordinary, highly visible and easily accessible location and lies within 25-minute drive from two major cities in the country, capital city Belgrade and provincial capital Novi Sad.

With total area of 30,000 m² this project will encompass 125 retail units with state of art design, featuring a mix of local, European and International designer, high street and sports brands, a wide range of coffee bars and restaurants, a children’s playground and over 2,000 parking spaces. This center is being developed within a far larger mixed use development that will include a more traditional Retail Park, an Office Campus and a business style Hotel.

Belgrade Outlet Shopping Center will provide a unique and entirely new shopping experience to visitors for less than current retail prices. Factory Outlet introduces a concept where manufacturers sell their stock directly to the public through their own branded stores, offering discounts of 30-70% all year round.

Belgrade Outlet Shopping Center is set to open by the end of 2010.

The outlet is operated by GVA Outlets, UK-based company specializing in outlet leasing and operation management and leased by Colliers International, leading real estate company.

Source: Colliers