After obtaining a building permit, work on the demolition of the Rekord factory is well underway. This is the first phase of the construction process which is aimed to complete in the autumn of 2017.

Capitol Park Rakovica is a joint venture investment between Britain’s Poseidon Group and Belgium’s Mitiska REIM. It will be the largest retail park in Belgrade and the prime shopping and leisure destination in the municipality of Rakovica.