Saudi and Bahrain backed, US$ 400 million mixed use project to open in Sarajevo, Bosnia
Sarajevo City Centre, a major real estate project based in the Bosnian capital, is a partnership between International Investment Bank (IIB), a investment firm based in Bahrain, and Al Shiddi Group, a Saudi-based business group specialising in construction. The shopping mall is expected to open on September 2013, with interconnecting towers opening shortly afterwards.
The main building is a shopping mall and an entertainment complex encompassing five levels that cover an area of 49,500 sqm.
The mall has been fully leased with the last agreements currently being finalised, the statement added. The second tower will house a five-star hotel with 224 rooms covering an area of 13,900 sq m. According to local reports, the five star hotel in Sarajevo will be managed by Rotana.