📋 Tender Overview
Project Number
49946
Company Name
Pristina Mall
Date SPI Disclosed
Jan 21, 2025
Country
Kosovo
Region
Europe
Projected Board Date
Feb 20, 2025
Environmental Category
B
Status
Pending Approval
Last Updated Date
Department
Regional Industry MAS LAC & EUR
Industry
other
Sector
other
Project Description
Background: Prishtina Mall (PM or the Mall) is a super-regional mall with a GLA of ~115,000 m² located on the outskirts of Pristina, Kosovo. Construction began in 2019 (on a greenfield site); it opened in March 2023 and is currently occupied by over 200 retail units, including anchor tenants such as Intersport, H&M, Zara/Inditex, LC Waikiki, New Yorker and entertainment venues, such as HyperActive (south-Eastern Europe’s largest indoor amusement park). The Mall construction was financed mainly through equity investment from shareholders.
IFC’s financing will help settle dues to construction contractors, finance expenditures for fit-out of new tenants, fund installation of solar power and investments to improve operational efficiency, in addition to refinancing existing capital providers.