Sustainable development lies at the core of CPI Property Group’s business strategy, which is why every STOP SHOP retail park is carefully designed to contribute to the preservation of natural resources and the reduction of environmental impact
For CPI Property Group, ESG principles are not merely a requirement – they are deeply embedded in the company’s philosophy. These principles represent the foundation of its long-term strategy and reflect a clear commitment to sustainability.
Through its STOP SHOP retail parks, the company aims to set high standards on the market, encouraging tenants to work together in building a responsible and sustainable future.
STOP SHOP has had a presence in Serbia for over a decade. Since the construction of the first retail park in 2015, the number of locations has grown to 14. Each STOP SHOP is developed to be both functional and appealing to visitors, while also remaining socially responsible. They feature abundant green areas, LED lighting, and charging stations for electric vehicles, further promoting a sustainable lifestyle.
“At certain locations, we have also installed solar benches that enable users to charge their devices using solar energy, while photovoltaic panels help reduce dependence on fossil fuels by supplying a portion of our energy needs from renewable sources,” says Miodrag Perović, Senior Development Manager at CPIPG.
He also highlights the company’s pride in the “Miyawaki urban forest” initiative – compact urban forests planted using an innovative Japanese method. This approach involves dense planting of native plant and tree species across all height levels, encouraging rapid growth, increased biodiversity, and self-sufficiency within three years, even in small urban spaces.
Until full energy self-sufficiency is achieved, CPI Property Group ensures that all electricity used across its retail parks is sourced exclusively from certified renewable sources. In addition to rooftop solar power plants with a total capacity of 4.7 MWp across five locations, the company has successfully integrated other sustainable systems, including rainwater collection, electric vehicle chargers, solar benches, and public lighting at selected sites,” explains Miodrag Perović, Senior Development Manager.
CPI Property Group is committed to ensuring that each Stop Shop retail park becomes energy self-sufficient, relying as much as possible on green energy produced by rooftop solar power plants.
With a strong focus on sustainability, CPI Property Group continues to expand the STOP SHOP network in cities with high potential, particularly in areas not yet covered by modern retail formats. The aim is to improve local offerings and strengthen infrastructure, all while upholding principles of sustainability and quality.
STOP SHOP Smederevo is entering a new phase of development, with an 8,000 m² extension planned to bring a richer offer, stronger presence of both domestic and international brands, and an entirely new shopping experience for the local community. The second phase is scheduled for the fourth quarter of 2026, announces Maja Dulc, Country Manager Operations for Serbia.
CPI Property Group is continuing to grow its portfolio, with new developments including the arrival of LIDL at STOP SHOP Čačak. The company is also exploring the acquisition of competing projects, as current yields confirm the stability and appeal of investing in the local market.