Tijana Elez, MPC Properties Finance Director

Constructing And Managing A Brighter Future

Investment is an essential element of doing business successfully, and MPC Properties continues to make intelligent investments across its entire portfolio, in both business and retail segments

For MPC Properties, ESG goals are more than a strategy woven into the business plan; for this company they are a modus operandi. Here MPC Properties’ Finance Director Tijana Elez discusses this, but also future investments and redevelopment projects, with CorD Magazine.

Your company has constructed some of the highest quality properties in the best locations, while you also manage those properties. Are you aware of the major positive impact you have on the community?

The highest quality properties on the best locations, indeed gives us dominant position on the market, but it should not be taken for granted. Real estate is not easy to manage, and I would say that the way of management is key factor that gives a leadership position to MPC Properties.

MPC Properties

I believe that all stakeholders in our business ecosystem, but also the local community, can testify to MPC Properties’ multi-layered commitment: to the construction and managing real estate in accordance with green building standards and application of innovative solutions that bring prosperity to all the business partners, visitors, or users of our buildings. By sharing the best business practices and projects in our community, we strengthen it and make our business sustainable in the long term.

Could it be said that this is a good moment for investment, taking into consideration the complex global situation?

It is important to use resources wisely. The previous years were years of development projects for us, so we are now able to focus on redevelopment projects. The shopping centres’ renovation is one of the primary goals bringing along innovations in the offer of the centre, such as, for example, a new F&B concept, entertainment zone etc.

When it comes to new investments in 2023, I would say that this is the year to be patient and selective.

MPC Properties has developed its CSR strategy in accordance with ESG targets. What does that bring you as a company, and what do you offer the wider community with this strategy?

For us, ESG goals are more than a strategy woven into a business plan. For MPC Properties, they are modus operandi. Our commitment, in this sense, always goes a step further. The crucial green building strategy is that during the development of the project, its entire life cycle is considered, which starts from the idea, planning, design, through the execution of works, all the way to the operations. MPC Properties deals not only with the construction of assets but also with their management and maintenance, so it is very important for us to manage the entire development of the project, bearing in mind that after the investment in green building systems, significant savings will be achieved during operation. It is not only that our portfolio is certified according to the most important world certificates, whereby placing the focus on achieving energy efficiency and reducing environmental impact (LEED GOLD, BREEAM, WELL Health-Safety), but it’s also a “nursery” of ESG projects. With a systematic and comprehensive approach, sustainable real estate is developed, which in the long run reduces risk and affects profitability.

Green projects represent an example of the implementation of innovative solutions for the scaled process of the circular economy at the micro level of a building and closed sustainable solutions at the property level, with the aim of implementing projects that are in accordance with the Declaration of the Green Agenda, and in connection with the reduction of emissions with the greenhouse effect, environmental protection and promoting new sustainable projects.

This year began with the procurement of a composting machine located on the building of Usće Shopping Center. Alongside recycling, to which we have been already committed, with composting we have also introduced an innovative business model that implies treating waste where it is being generated. The procurement of the UŠĆE compost machine was supported by the UNDP project “Just Green Transition and Decarbonisation in Serbia”, funded by The Embassy of Japan and implemented by the UNDP Serbia in cooperation with the Ministry of Mining and Energy and the Ministry of Environmental Protection of the Republic of Serbia in strategic partnership with Chamber of Commerce and Industry of Serbia.To conclude, our mission and contribution is creating a strong community around our portfolio, in which diversity, inclusion and loyalty programmes are fostered through the most varied projects.

Jelena Puzović, Ph.D., Head of the JVP Srbijavode Public Relations and International Cooperation Sector

Serbia Must Ensure the Conservation of the Precious Resource That is Water

Public Water Management Company Srbijavode engages in numerous activities aimed at overcoming the challenges brought by climate change – implementing projects to develop and...

Uroš Đorđević, Account Executive, Dell Technologies

Pioneer in the New Era of Digital Tech

Dell Technologies is a corporation that’s oriented towards technological innovation and keeps pace with technological trends in every sense, which includes AI Speaking in this...

Ana Toskić Cvetinović, Executive Director, Partners for Democratic Change Serbia

The Rule of Law is Vital Ana

Partners Serbia is an organisation that’s dedicated to advancing the rule of law and developing civil society and institutions in Serbia and around the...

Ioanna Batsialou Ph.D., Director and Owner of the Ioanna Regen Polyclinic

Passion is Key to this Job

Ioanna Batsialou Ph.D. is the director and owner of the Ioanna Regen Polyclinic, which specialises in physical medicine, rehabilitation, mesotherapy, aesthetics and anti-aging treatments Our...

Concept Mercedes-AMG PureSpeed

Exciting, energising and breathtaking – the Mercedes‑AMG PureSpeed concept is the highlight in the run-up to the Formula 1™...

Western Balkans Chambers of Commerce Sign Tourism Cooperation Memorandum in US Congress

A landmark Memorandum of Cooperation has been signed at the US Congress, uniting the Chambers of Commerce of the...

EU Sets Global Standard with World’s First Artificial Intelligence Act

The European Union has taken a pioneering step by adopting the world's first Artificial Intelligence Act, setting a potential...

Montenegro’s Independence Day Celebrated

Celebrating Montenegro's Independence Day with an Exhibition on Montenegrin Cyrillic Printing from the 15th and 16th Centuries. In commemoration of...

Business Event Hosts Serbian Employment Service Presentation

In Belgrade on the 15th of May, the Slovenian Business Club, in collaboration with the National Employment Service of...