"Delta City" Podgorica to open its door on October 1st – "Colliers International" completely finished leasing process for retail space in this shopping mall

The first international shopping mall in Montenegro, "Delta City" in Podgorica, will be opened at the beginning of October 2008. This exclusive facility will offer the most significant international brands to consumers. The exclusive lease agent is "Colliers International". This company previously achieved great success by leasing space in "Delta City" shopping mall in Belgrade.

"Delta City" in Podgorica will introduce brands like "Zara", "Marks&Spencer", "Navigare", "Pull&Bear", "Gant", "Bershka", "Bata" and "Via Spiga", as well as catering chains "Costa Coffee", "Astoria" and "Sport Cafe". "Delta City" consists of 75 outlets, and what is new is multiplex cinema "Ster Cinemas", the first of the kind in Montenegro.

"Delta City" includes 25,000 square meters of retail space. It is only 3 km away from the Podgorica’s downtown, so that the primary consumer zone is the whole city, that is, about 200,000 people. Secondary consumer zone includes nearly 450,000 people and encompasses numerous surrounding towns.

By the way, "Delta Real Estate" is the leading investor in development of shopping mall industry in Serbia and in the region. They have recently started works on the next big mall in Belgrade - Delta Planet. This company has significant regional expansion plans.

(Dejan Racić)

Dejan Racić, the Executive Manager of "Delta Real Estate", who is in charge of regional expansion of the company, concluded the following on the occasion of the project in Montenegro: ”The first shopping mall in Podgorica is of great important to our presence and positioning of Delta Real Estate in both Montenegrin market and in the Balkans region. We take pride in the fact that, in association with our partners, we successfully implemented a very significant project in a very short time. With its excellent assortment of brands at one place, Delta City will change the shopping for everybody, while its fantastic entertainment contents will make it the main attraction, not only for the people in Podgorica, but also in the whole country.“

(Jelena Jevremovic)

Jelena Jevremović, Manager of the Retail Space Lease Department in Colliers International Serbia, says: “We believe that the introduction of such great brands like Zara in Podgorica will be of essential important to success of the shopping mall. We are of the opinion that the citizens of Podgorica will be delighted with the quality of the offer we are bringing to the city. I believe that Delta City will change the shopping culture in Montenegro for good.“

(Jovica Jakovac)

Jovica Jakovac, Managing Director of Colliers International Serbia, says: ”We are very proud of having an opportunity to work with Delta Real Estate company on Delta City projects in Belgrade and Podgorica. Both companies are recognized as the market leaders in their domains and, together, we are able to introduce great products in the real estate market.“