Press release
CBRE advised on transaction of two NEST retail parks in Serbia
BIG CEE and RC Europe Finalize Deal for NEST Obrenovac and NEST Kraljevo
December 4, 2023
We are delighted that BIG CEE and RC Europe have agreed to the sale and purchase of two retail parks, NEST Obrenovac and NEST Kraljevo, located in Serbia, a transaction that was advised by CBRE.
With a GLA of 11,000 m2, NEST Obrenovac, and NEST Kraljevo with a GLA of 9,500 m2, both boast a full occupancy rate of 100%.
“We extend our congratulations to both parties on the successful completion of this transaction which is of great significance for the retail market in Serbia, which once again proves the strong liquidity taking place across South East Europe given the attractive opportunities fueled by strong market fundamentals" highlighted Uroš Grujić, Head of Investment Properties SEE at CBRE.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
