EBRD supports sustainable retail developments in Western Balkans
Serbia, April 1 -- The European Bank for Reconstruction and Development (EBRD) is providing an additional loan of up to €72 million to BIG CEE, a limited liability company incorporated in the Netherlands, as part of a €100 million envelope of loans to support its expansion in Serbia and the Western Balkans.BIG CEE will use the funds to finance the development, upgrade and/or acquisition of modern retail parks and shopping centres. BIG CEE is a leader in the region's retail sector, with 16 active properties - 14 of which are in Serbia -10 retail parks and three BIG FASHION shopping centres, including Serbia's Promenada Novi Sad, which it recently acquired in the largest single-asset transaction in Serbia's commercial real estate ...
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