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Green agenda and NPM: BREEAM certificate for STOP SHOP in Serbia

Novaston Project Management (NPM), as part of the Novaston platform, was engaged in BREEAM certification, one of the most important methods for setting green construction standards for IMMOFINANZ retail STOP SHOP parks in Serbia and Croatia, which were successfully certified. In this regard, our company supported IMMOFINANZ by implementing procedures aimed at reducing electricity consumption and introducing the use of energy from renewable sources, as well as other green building criteria required by BREEAM, in STOP SHOP retail parks in…

Novaston – representative of an attractive land plot near the Danube

Novaston Leasing will be in charge of the sale of an attractive land plot size 267,329 m2 in the Municipality of Palilula, on the left bank of the Danube, suitable for the development of logistics, industrial and commercial real estate. It is an attractive investment opportunity because the plot is located only 7 km from the site planned for the new port of Belgrade and 9 km from the center of Belgrade. The proximity of the Pupin Danube Bridge (6…

NMC and AVA Shopping Park – cooperation for the future

The new Ava Shopping Park is the sixteenth retail park to be marketed by Novaston Marketing Consultancy. As already a highly positioned company in the retail sector in Serbia and the region, NMC added to its portfolio the cooperation with this prestigious retail park, owned by IKEA Serbia, whose opening is scheduled for May 26th with great entertainment and music program and numerous marketing activations. “Cooperation with AVA Shopping Park is another confirmation of our knowledge and many years of…

REAL ESTATE MARKET AFTER THE CRISIS – What the future holds?

Mia Zečević, Novaston: Last year, in addition to COVID 19, ended with a positive volume of investments in the SEE region, while the main problems occurred in supply, rising prices of energy and raw materials, most affected by the Russian-Ukrainian war. The leading players in the market are Serbia, Croatia and Bulgaria, followed by Slovenia. The coronavirus pandemic has briefly slowed down the development of the real estate industry throughout the region. Although it did not look like that at…

NPM is collaborating with the Porsche brand to modernize their retail showroom

Our Novaston Project Management (NPM), as part of the Novaston platform, is collaborating with the Porsche brand on a project to modernize their retail showroom, designed to be a meeting place for customers and fans of this luxury brand. “We are involved in the preparation of project documentation, project management, and expert supervision of the reconstruction of the Porsche showroom, as well as part of the workshops, in order to put a look and function of premises in line with…

Vivaldi Forum “Business without Borders”:

The survival of the family business depends on successful succession Successful family businesses make up 80% of the world’s economy, and their survival is impossible without timely planning of ownership transfer and management to the next generation, said Novaston Platform CEO Mia Zečević, who moderated the panel “Second Generation of Serbian Business” at this year’s VIVALDI SPRING FORUM on Mokra Gora. Her interlocutors were Aleksa Šaponjić – Director of Digital Products at Nelt Group, Aleksandar Vratonjić Gligorijević – Marketing Director…

Blend Of Shopping And Entertainment = A Winning Formula

Aleksandra Kožul, Communication Director External, Internal and Digital The pandemic has brought many fundamental changes, including changing people’s habits of where and when they shop. And retail parks have been no exception. However, reports also show that over the past two years, apart from online shopping, where incredible growth has been recorded, consumers have also more often opted to visit retail parks, i.e., outdoor shopping centres. Retail parks have benefited specifically from their locations, which enables them to provide the…

“New normal” in real estate market – the impact of COVID-19 crisis

Marija Urban, Business Planning Manager Although at the onset of the crisis we feared that the economic recovery would be long and arduous, this did not come to pass. Already in mid-2021 global production exceeded the 2019 level, and at the beginning of 2022 employment rate is rapidly rising. Despite the negative assumptions made at the start of the pandemic, the commercial real estate market has shown a high level of resilience in the past two years and excellent adaptability.

Retail parks for the new era:

New facilities, modernized infrastructure, and eco-friendly solutions as a recipe for success The pandemic hit shopping centers and their tenants harder than open concept centers (retail parks), especially during the lockdown or shortened opening hours. In our country, customers increasingly turn to new trends, accept technology and migrate to online shopping, which leads to changes in the business model of shopping centers. We talked to Olga Vlahović, leasing manager in Novaston Asset Management, who has many years of experience in…

Office building in Knez Mihailova for companies with tradition

Over the past period, the main response to the lack of quality, modern office space in the Serbian capital has been resolved by building new meters in New Belgrade area. Novaston Asset Management’s commercial real estate experts point out that in recent years there has been a price increase per square meter in older renovated buildings, as the result of growing demand from domestic and foreign companies for offices in the city center — principally due to infrastructure and location,…