Izdanje Srbija
Serbische Ausgabe
Izdanje BiH
Izdanje Crna Gora
News
Mercator continues monetizing immovable property – Value of real estate in Serbia, Slovenia, Croatia and B&H EUR 1.4 billion
Source: eKapija
Monday, 04.06.2018.
09:32
Monday, 04.06.2018.
09:32
Comments
The sale of real estate owned by Mercator S is a further realization of the plan of the restructuring of Mercator Group from 2017, in the sector pertaining to the monetization of real estate, the company told our portal in relation to the ad for the sale of a parcel owned by the company in New Belgrade.
The strategic goal of the company, as they say, is to go for a further reduction of debts, so that funds for new investments in corporate development would be secured by 2021.
– In Slovenia, Croatia, Bosnia and Herzegovina and Serbia, Mercator Group owns real estate worth EUR 1.4 billion – Mercator S says for our portal.
– There are purchasers interested in the land we've advertised in New Belgrade, but all interested purchasers sign a non-disclosure agreement (NDA) in the sales process, which obliges both the potential purchasers and our company to keep the confidential data – they point out.
The advertised parcel, let us remind, is located in close proximity to the Roda shopping center, the Airport City complex and the Extra Center, on the corner of Omladinskih Brigada and Djordja Stanojevica street.
Towards the end of 2017, the sale of the Mercator shopping center building in New Belgrade for EUR 46 million to a consortium, one of whose members is MPC Group of Petar Matic, was announced. The sale was seen as the first step towards the stabilization of the operations of the Novi Sad-based company, as it had been announced that all the money from the sale would go to banks and suppliers.
Mercator Group recorded a jump in profit in the first quarter of 2018. EBITDA amounted to EUR 25.8 million, a growth by 36.5% compared to last year, and the operating results in the first four months of 2018 are higher by EUR 9.3 million compared to the same period in 2017, the company says for our portal.
The strategic goal of the company, as they say, is to go for a further reduction of debts, so that funds for new investments in corporate development would be secured by 2021.
– In Slovenia, Croatia, Bosnia and Herzegovina and Serbia, Mercator Group owns real estate worth EUR 1.4 billion – Mercator S says for our portal.
– There are purchasers interested in the land we've advertised in New Belgrade, but all interested purchasers sign a non-disclosure agreement (NDA) in the sales process, which obliges both the potential purchasers and our company to keep the confidential data – they point out.
The advertised parcel, let us remind, is located in close proximity to the Roda shopping center, the Airport City complex and the Extra Center, on the corner of Omladinskih Brigada and Djordja Stanojevica street.
Towards the end of 2017, the sale of the Mercator shopping center building in New Belgrade for EUR 46 million to a consortium, one of whose members is MPC Group of Petar Matic, was announced. The sale was seen as the first step towards the stabilization of the operations of the Novi Sad-based company, as it had been announced that all the money from the sale would go to banks and suppliers.
Mercator Group recorded a jump in profit in the first quarter of 2018. EBITDA amounted to EUR 25.8 million, a growth by 36.5% compared to last year, and the operating results in the first four months of 2018 are higher by EUR 9.3 million compared to the same period in 2017, the company says for our portal.
Tags:
Mercator S
Mercator Group
sale of Mercator real estate
sale of construction land in New Belgrade
sale of Mercator S real estate
New Belgrade parcels
New Belgrade construction land
monetization of Mercator real estate
Mercator
value of Mercator real estate
Mercator Group restructuring plan
Mercator operations
Comments
Your comment
Most Important News
Full information is available only to commercial users-subscribers and it is necessary to log in.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu
Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno,
uz konsultacije sa našim ekspertima.