Date: 02/10/2018

Construction of Navigator Business Center 2 in New Belgrade starts

The official laying of the foundation stone for Navigator Business Center 2, a new A-class business facility in New Belgrade, marks the beginning of another important project of MPC Properties. The investment is estimated at over EUR 45 million, and the facility should open in the first quarter of 2020.

Located in the center of the business area of New Belgrade and very well connected with key city locations, only 15 minutes from the Nikola Tesla Airport, Navigator Business Center 2 will take up 50,000 square meters, of which 27,000 are to be rented. The name of the facility points to the fact that this is the second phase of an existing business complex, Navigator Business Center, which is already an attractive business destination in the city, thanks to its location, its authentic architecture and its modern concept.

"The real estate market in Serbia offers great potential for the development of the whole region, and as the biggest investor and the leading company for the development of real estate in this part of Europe, we recognize this very well. We have estimated that now is the ideal moment to build new facilities and, with this investment, we are responding to the demands of the market and the lessees for a business facility which can respond to all the challenges and needs of modern business," Ingo Nissen, the director of MPC Properties, said on this occasion. He added that the company’s strategy was to build quality, sustainable facilities in line with the principles of green building.

Navigator Business Center 2 is another important investment in the portfolio of MPC Properties, along with the USCE Shopping Center, Mercator Center Belgrade, Usce Towers I and II, Navigator Business Center, as well as other business and commercial facilities, built in line with the highest global standards.