"Africa Israel" invests 100m EUR in fourth phase of construction of business center "Airport City"

- Total of 100m EUR will be invested in construction of two new towers at 23,000 square meters each in Belgrade's business center "Airport City" - said the CEO of that company, Gili Dekel.

He explained that one of the towers would include office space only, while the second one would include both office space and luxurious hotel.

The five-star hotel will be run by the company owned by "Africa Israel", part of which is "Airport City", and the negotiations about brand of the hotel are still underway.

- The hotel will have 215 rooms at 15,000 square meters. Total of 40m EUR will be invested in the construction of the hotel, which will be finished prior to the end of year 2010, while additional 17m EUR will be invested in organization of the interior. The hotel will be designed by architect Ziss – said Dekel at the prss conference occasioned by the third anniversary of the presence of ACB in Serbia.

Speaking about plans, Dekel explained that business complex ACB would have total of 200,000 square meters of modern office space, 62,000 square meters of which had already been finished.

According to his expectations, the whole complex will be completed prior to year 2013.

Drawing of plans and expert supervision of development of the two towers have been entrusted to company "Multicon", while the contractors are "Gemax" and "Merkur".

Gili Dekel said that the Israeli investor was also interested in locations outside Belgrade where they could build both residential and commercial space.