Due to the high demand by shoppers and tenants, the STOP SHOP retail park in Sremska Mitrovica currently is expanding. The work is advancing and with the additional 2,300 m2 that will be constructed in the second phase, the total retail area will reach 9,300 m2. The official opening is planned for the summer, when citizens will be able to enjoy numerous additional interesting activities
Like the existing ones, the newly built capacities will be 100% leased. Contracts have already been signed with four new tenants – JYSK, Pepco, Kengur, and Tehnomedia. It is expected that the second phase of the construction will be completed and opened at the end of August 2023, with a following celebration in the form of a free concert and other accompanying events for the citizens of Sremska Mitrovica and its surrounding.
By expanding the sales space, STOP SHOP Sremska Mitrovica is strengthening its position as the largest facility of its kind in the town and surrounding area, as well as one of the favorite destinations for the whole family
“Since arriving in Serbia in 2015, we have significantly expanded the network of STOP SHOP retail parks in the country and increased the capacity of the existing ones, since it has been shown that customers enjoy this concept. They are attracted by popular and reliable brands that offer a variety of goods and services, good transport connections, enough parking spaces and destinations that offer them much more than shopping. Bearing in mind that STOP SHOP occupies exactly such a place in the life of the citizens of Sremska Mitrovica, we decided to improve our service and offer them additional content through the expansion of business space and the diversity of the tenants. As a sign of gratitude for their trust, in the days of the opening planned for the summer, we want to prepare a number of fun activities for the citizens”, says Maja Marić, Country Manager Operations Serbia at CPI Property Group.
STOP SHOP Sremska Mitrovica was opened almost four years ago as the 10th retail park of this brand in Serbia. In the meantime, the portfolio in our country has been expanded to 14 STOP SHOP retail parks with more than 126,000 m2 of fully leased retail space.
STOP SHOP is one of the leading brands of IMMOFINANZ, the largest operator of retail parks in Central and Eastern Europe. Since the last quarter of 2022, IMMOFINANZ is a part of the the CPI Property Group which is also responsible for the local asset management of the Serbian STOP SHOPs.