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        KAUFMANN CITY CENTRE SPLIT CROATIA

        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

        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.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        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.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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