Delta Real Estate, a division of Delta Holding, has commenced construction on a shopping mall in Banjaluka, Bosnia and Herzegovina.
Touted to be the largest shopping centre in Bosnia and Herzegovina, the facility will cover an area of 62,500 sq m.
The mall, which will involve an investment of €70m, will feature a 1,500 sq m cinema with five movie theatres. Furthermore, the mall will provide parking spaces for 1,000 vehicles, a supermarket and a food court.
The project will create 500 jobs during construction phase, as well as 2,500 new jobs post completion. The mall is scheduled to open in autumn 2018.
Delta Holding senior vice president for operations Dejan Jeremis said: “Company Delta Real Estate has announced expanding its business into the region and EU member states. We have the pleasure to confirm it by opening the construction site in Banjaluka.
“I would like to thank the competent institutions for their cooperation because in two and a half months we have managed to obtain all necessary permits for opening the construction site. It is the example of a real attitude to investors.
“We are looking forward to enabling people of Banjaluka and the region to go shopping, have fun and enjoy the contents of our shopping mall.”