Šabac gets first "retail park" – Yu Kapital starts construction of complex at 12,000 square meters
- Real estate company YU Kapital is going to start construction of a "retail park" at 12,000 square meters in Šabac, about 2 km away from the pedestrian zone. This modern complex on the main route will be finished prior to the beginning of 2011 at the latest. The investor has already signed contracts for rental of half of future outlets, that is, about 6,000 square meters - Marko Krajnčić, CEO of Yu Kapital, said in an interview for eKapija.
- Surface of the smallest facility will be 100 square meters, while the biggest one will occupy about 2,000 square meters. There will be a number of companies from the textile industry such as NewYorker, Takko Fashion, Deichman for shoes, companies that sell house products, etc. Outlets will also be occupied by famous DM drugstore, a bank, a post office... "Retail park" will be situated on the land of 35,000 square meters, in an excellent location, the new crossroads next to the future fairgrounds, car market and wholesale market. According to the plans of the city authorities, "retail park" will be settled in the center of future economic events in Šabac - Krajnčić explained.
YU Kapital owns one more attractive location in Šabac, across the road from future "retail park", where it plans to have another trade center built. The surface of the land is close to 28,000 square meters.
- The commencement of construction will depend on the interest expressed by tenants because the project documentation is almost completed. We will run that investment independently. It's been ready for two years now, but the crisis slowed us down - said Krajnčić.