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Signature(s)

Amount
€ 27,200,000
Countries
Sector(s)
Croatia : € 27,200,000
Services : € 27,200,000
Signature date(s)
22/11/2010 : € 27,200,000
Link to source
Other links
Summary sheet

Summary sheet

Release date
18 December 2009
Status
Reference
Signed | 22/11/2010
20090508
Project name
Promoter - financial intermediary
City Center One Split

Kaufmann-Hofmann Group, Austria

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million
EUR 136 million
Location
Sector(s)
Description
Objectives

The project concerns the design, construction and long term management of a traditional shopping mall of 68,672 m² of Gross Leasable Area (GLA). Space for 2,600 parking lots is also included. The project is located 5 km away from the city centre of Split (Croatia).

The project will provide needed modern retail space and is located on a brownfield plot situated in a new area of residential development where the only natural path for future town growth lies. The project contributes to urban renewal and development.

Environmental aspects
Procurement

The project falls under Annex II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. The Competent Authority decided not to require an EIA. Due to its nature, the main impact is the noise during construction and operation and traffic increase in the area. Mitigating measures are included in the project.

The promoter, a private company, is not subject to EU Directives on procurement.

Link to source
Summary sheet
Other links

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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