First factory outlet development to open in Serbia (RS)

Blackoak Developments is developing the first factory outlet center in Serbia- Belgrade Outlet Shopping Center. Renowned international brands at affordable prices are finally coming to 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

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