Close this search box.
Credit: Poseidon Group

Zadar Shopping Capitol opens in December

After the successful operation of seven retail parks and neighbourhood centres in Croatia, where it has been present for more than a decade, the London-based property investor, developer and asset manager Poseidon Group continues to expand and strengthen its Capitol Park network throughout the country. By the end of 2020, Poseidon will operate 11 Capitols nationwide.

Zadar Shopping Capitol, the latest to open in 2019, will bring a new food retailer to replace Konzum as the main anchor tenant.  The 6,400 sqm building will include tenants from the non-food sector.  Past tenants that remain in the scheme are Mana Moda, Planet Obuća, RBA Bank, Makromikro Group, Intertekstil Stanić, Bio Svijet, Porting hair dresser, café bar Galerija and Exchange office.  New non-food tenants arriving at Zadar Shopping Capitol that will enrich the existing offer is household goods retailer TEDi.  The new tenant mix offers a fresh shopping experience and ensures that Zadar Shopping Capitol will become a new city centre shopping destination that will attract shoppers from the 75,000-strong community.

Poseidon Group corporate affairs director James Gunn emphasised the benefit that the Capitol Park platform brings to each community in which it operates.  “We value the family shopping experience and adjust our tenant mix and leisure activities to create an ideal shopping destination for all generations.  Under our Capitol Park and Shopping Capitol brands, Poseidon Group is a recognised high-quality regional retail leader and we are happy to continue our growth across Croatia and build new opportunities in the sector through the remainder of this year and next.”

The Capitol Park platform is part of Poseidon Group’s retail real estate portfolio composed of more than 280,000 sqm of built and managed Capitol Parks and Capitol Centres across SE Europe, and 90,000 sqm of built supermarkets alongside more than 1,000 residential apartments and houses.  The company is actively exploring co-investment partnerships in its UK and SE Europe portfolio with investors worldwide.