• Real Estate
  • trading assets
  • Leased to high profile, prime tenants, our real estate portfolio consists of commercial properties and office space


  • 2017 Sales:
  • €6m
  • 2016 Sales:
  • €5m
  • Date of original investment:
  • October 2007
  • MIG Ownership (31 December 2017):
  • 83.1%


Robne Kuce Beograd (RKB) is specialized in real estate management and retail space arrangement in Serbia. RKB is historically the largest real estate department store and shopping centre chain in the countries of former Yugoslavia and one of the largest in Europe with a total gross area of approx. 276,000m2. As such, it benefits from a remarkable real estate portfolio in attractive, non-replicable and centrally located venues across 24 cities.

The real estate portfolio comprises of 32 department stores - out of which 9 in Belgrade, 1 unique in size and location logistics centre in Belgrade and one of the largest office buildings in the city centre of Belgrade.

JSC Robne Kuce Beograd    
Financial Summary (€m) 2017 2016
Current assets 2 2
Non-current assets 266 276
Total assets 268 277
Total Equity -165 -131
     
Sales 6 5
EBITDA 3 2
Net profit / (loss) after minority -34 -28