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Colliers Serbia completes sale of all of Park Apartments in Belgrade

The Park Apartments condominium features 20,000 m2 of residential and retail space, with 181 residential units, 12 retail units and aditional 10,000 m2 including 192 underground garage spaces. Located in New Belgrade, Park Apartments seeks to be a miniature city within the city, with a wide range of housing units, a two level underground parking lot, green central atrium and fitness center. Park Apartments aims to provide a modern concept of living for Belgrade and is located between the streets of Milentija Popovica, Treci bulevar and Vladimira Popovica.

Globe Trade Centre S.A. (GTC) was established in Poland in 1994 and today is the leading developer in Central & Eastern Europe. GTC was named CEE Developer of the Year for 2007.

Ana Jankovic, Key Account Manager for Park Apartments, said, "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. We worked very closely with GTC on this – not only did we achieve 100% sales for them, but we recognized from a very early stage how much prices were increasing in New Belgrade and thus helped them to secure maximum revenue for the project."

Jovica Jakovac, Managing Director of Colliers International Serbia, concluded, "We are extremely proud to have worked with GTC on this brilliant residential complex. Now that it is sold out, we will take this experience and implement it in our future endeavors."