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Delta City spreads over an 87, 000 sq m entertainment and retail area with a GLA of 30, 000 sq m. Credit: MPC Properties.

MPC Properties buys Delta City shopping center in Belgrade

MPC Properties acquired Delta City shopping center (open since 2007), expanding its portfolio to five regional retail assets with the latest, BEO Shopping Center opening in June 2020.

“By acquiring Delta City shopping center, MPC Properties is able to offer to tenants and business partners not only a quality and diverse portfolio, but also the best market conditions for business development”, said CEO of MPC Properties Maxence Liagre. 

Besides the newest asset, the other centers in their portfolio are UŠĆE Shopping Center, BEO Shopping Center, Mercator centar Beograd and Immo Outlet centar. The company’s portfolio is efficient and sustainable, certified at 95% with the green building certifications LEED and BREEAM.

MPC Properties has recently launched the mobile loyalty application Tvoj Centar, which integrates three shopping centers UŠĆE, BEO and Mercator, with plans to include other assets soon. It enables users to get points by visiting these shopping destinations and to redeem them for exclusive discounts and gifts. 

The shopping center has three commercial floors, a supermarket, and several cinemas, as well as 1,200 parking spaces. Credit: MPC Properties.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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