The project is located in the downtown area of Nis and is spread over 8 buildings, offering 21,000 m2 of residential and retail space, with more than 350 parking spaces. Just a few miles away from the city center, it will offer a premium living experience to its future tenants. The investor, DV Mozaik Inzenjering, is a renowned local company with a portfolio of similar projects as references. The completion date is scheduled for the summer of 2010.
Jovica Jakovac, Managing Director of Colliers International Serbia, said, "This is a big project for Nis and a great achievement for our office there. Colliers International Serbia, with our offices in Belgrade, Novi Sad and Nis, is now a truly national company that can offer investors comprehensive services across the country."
Dejan Velickovic, Managing Director of DV Mozaik Inzenjering, added, "Our residential complex is in a superb location, with excellent accessibility and visibility. It offers new quality and even a new way of life in Nis. We firmly believe that, due to the quality of its exterior and interior works, it will soon become a unique landmark for our city."
Colliers International Southeast Europe was named Property Consultant of the Year for the region in 2008 for the third straight year. It has eleven offices in six countries: Albania, Bulgaria, Croatia, Greece, Montenegro and Serbia, and performs selected assignments in Slovenia, Bosnia & Herzegovina, FYR of Macedonia, and Cyprus.
Colliers International Southeast Europe currently has 3,000,000 m2 of projects under exclusive representation. It is bigger than all three of its nearest competitors put together, and has averaged growth of 69% in the last five years per annum.