Durrës Retail & Entertainment Project
The proposal for the Project's development is based on favorable economic and geographic factors, focusing on increasing the all-inclusive market offer in commercial real estate and active lifestyle services. The project aims to cover the country's most densely populated districts and neighboring countries like Montenegro, Kosovo, and North Macedonia.
Key Benefits
Marginal increase in foreign visitors to the country, with Durrës as the main destination.
10.5M tourists registered in 2023 with an average annual growth of 35%. Limited recreational offerings for this category.
Proximity to the residential and recreational development "Durrës Yachts and Marina"; with over 12,000 housing units and 80,000 recreational spaces.
Expected investments in the northern area of Durrës, Spitalla, and new residential developments near the Project. 1,000 units built north of the Project.
Limited development of shopping centers in Durrës, with only 78m² retail per 1,000 inhabitants, compared to the regional average of 600m².
Underdevelopment of multifunctional active-living complexes according to European standards.