TriGranit Group concluded an agreement today with their Slovenian partner, ERA Holding, with regard to a large-scale cooperation in Skopje. By entering the Republic of Macedonia market, TriGranit Group is now present in 10 countries. The agreement covers the provision of real estate development, property management and leasing services.
ERA Group's real estate development plans include a new city center, the ERA City, which is being built in the direct vicinity of the center of Skopje and includes a shopping and entertainment center, office buildings and a hotel.
Török Árpád, the CEO of TriGranit Development Corporation, highlighted: "Our company has extensive experience in the development of new city centers. WestEnd City Center in Budapest, Bonarka in Krakow, or Poznan City Center, which is opening this year, are all perfect examples of our widespread references in Central and Eastern Europe.
"We also developed Arena Centar, the largest shopping and entertainment center in Zagreb, and Arena Zagreb, the adjacent multifunctional sports arena, both of which resemble the current project of ERA Group in Skopje. As the development consultant for ERA Group, we are able to capitalize on the experience we have acquired to date in Republic of Macedonia, a new market for us."
ERA Group also owns the 55,000 m² of Skopski Saem Skopje, the largest fairs and exhibitions centers in Republic of Macedonia, as part of totally 16-hectare plot owned by ERA Group. The land is located on the above mentioned 23-hectare urban plot. Skopski saem Skopje attracts more than 600,000 visitors each year. Part of Skopski Saem Skopje is Metropolis Arena, a multipurpose venue with a capacity of 9,000 people.
As a part of the cooperation, TriGranit Management Corporation will also be involved in the Property and Event Management of Skopje International Fairs and Exhibitions Centre as well as the adjacent multipurpose event hall.
Philip Evans, the CEO of TriGranit Management Corporation, said: "We are honored that ERA Group have chosen our company as their partner for managing their most important real estate assets in Skopje. By entering the Republic of Macedonia market, we have expanded not only our regional portfolio, but also our professional portfolio with the management of a fairs and exhibitions center. By signing this agreement, TriGranit Management Corporation has further strengthened its presence in the Balkans."
Gvido Omladič, the Chairman of the board of ERA, also expressed his great pleasure over the signing of the contract: "The management of ERA is being aware of the significance of the conclusion of ERA City project by the contract with TriGranit. We believe TriGranit Group will, with its knowledge, experience and successful projects, as evidenced by the award Developer of the Year 2012 by the CEE Real Estate Quality Awards, bring our partnership and project to the highest quality.
"With the entire complex of the Skopski Saem Skopje and the newly constructed ERA City we wish, together with TriGranit, to strengthen our role as a leading player in the events and experience industry in the South-East region. Through complementary retail contents, entertainment and business content we would like t