Plaza Centers, a developer focused on Central and Eastern Europe, said it has agreed to purchase a 24,000 m[sup]2[/sup] plot in Kragujevac, Serbia for a planned shopping centre and entertainment centre development. Excepted development costs for the project, which is expected to comprise a total built area of 35,000 m[sup]2[/sup] and 875 parking spaces, total EUR 55 mln.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
