Marera Properties, one of the biggest companies in the commercial real estate market in Serbia is the new owner of the commercial tower Belgrade Palace, better known as Beogradjanka. The daughter company of Marera Properties submitted the best offer in the public auction the City organized and is now in the process of closing the sales contract.
The acquisition involves the office space in the Beogradjanka tower but excludes the retail building right next to it. This is an area of almost 20,000 m2, with which the company definitely reasserts itself as a leader in commercial property located in the centre of the capital.
Since it was built in 1974, Belgrade Palace hasn`t undergone any major reconstruction project. Marera Properties pledged to invest and additional EUR 8 million in the property and to realize the reconstruction works within three years` time.
– We are absolutely aware of the fact that Beogradjanka is one of the symbols of our capital. We will begin this reconstruction project with enthusiasm but with utmost responsibility. We have a wealth of experience in this area, and that includes restoring the distinguished edifices. The best example familiar to the public is the reconstruction of the former Hala Beko, today known as Kalemegdan Business Center in cooperation with the Institute for the Protection of Cultural Monuments of Serbia. Beogradjanka used to be the most modern building in the country and we plan to return it to its former status through innovative design and adaptation following the current trends in architecture and commercial interior design. We are positive the city management and our citizens would be proud of our results, the Managing Director at Marera Properties, Milana Sreckov said.
After the reconstruction, Belgrade Palace will open its doors to the business community. The tenants will be offered attractive office space on a prestigious location, developed in accordance with the highest standards and conforming to the contemporary business concepts.