Ingo Nissen, the former general manager for development of Sonae Sierra in Romania, took the position of CEO to Serbian developer MPC Properties.

The German, who run Sonae Sierra Romania for ten years, left the company at the begining of the month and it was replaced by Ana Guedes de Oliveira, executive director of Sonae Sierra Developments.

Most important activity of Ingo Nissen was the development of the 70,000 sqm ParkLake mall from Titan area of Bucharest, developed in partnership with Caelum Development.

The investment in ParkLake was around EUR 180 million and the commercial center is the most impressive in Bucharest.

MPC Properties is involved in the development of 5 office, 8 retail and 1 residential projects in Serbia.

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