Search
 

GTC Fills Landmark's Residential, Retail

BELGRADE-Globe Trade Center sells the last units in Park Apartments, a smart building connected to its 645,834-sf class A office structure in an emerging business district.

By Connie Gore | Updated on April 30, 2008

BELGRADE-Globe Trade Center SA has sold the last residential and retail units at Park Apartments in the emerging business district of New Belgrade. Presales began in October 2005, with construction beginning the following year on the city’s first smart building design.

Pricing details were unavailable by press time for the landmark building situated along Avenue 19 between the streets of Milentija Popovica, Treci Bulevar and Vladimira Popovica, where Communist-style concrete architecture is being retooled and replaced with fashionable and expensive residential addresses, retail and office space. Park Apartments contains 181 residential units, including 10 penthouses, 12 retail condos and a 224-space underground parking garage.

“Park Apartments is a landmark project and one of the reasons why New Belgrade became so popular and why standards here have risen so dramatically,” Ana Jankovic, key account manager for Colliers International Serbia, says in a press release about the sellout. The one-, two- and three-bedroom apartments range from 37 m2 [398 sf] to 180 m2 [1,937 sf].

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.