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FAQ

Commercial real estate in Croatia — questions & answers

Straight answers on retail leases, indexation, service charge, fit-out, security and brokerage — from the team behind 1,000,000+ m² of retail space.

What does 2.advice do?

2.advice is Croatia's leading shopping centre and retail park consultancy. We lease retail parks and shopping centres, represent retailers and office occupiers looking for space, advise developers on retail projects and advise on sales of commercial property.

Which property types do you work with?

Mainly retail parks, shopping centres, stand-alone retail units and high-street shops, but also offices and logistics properties.

Where do you work?

Across Croatia — from Zagreb and Slavonia to Istria, Kvarner and Dalmatia — and with clients from the wider SEE region.

Do you represent landlords or tenants?

Both. We act for landlords and developers on leasing, and for retailers and occupiers on tenant representation. In every mandate it is agreed in writing on whose behalf we act.

What is tenant representation?

Tenant representation means that the occupier has its own adviser who searches for space, compares offers on total occupancy cost and negotiates the lease on the tenant's behalf — not the landlord's.

How long is a typical retail lease in Croatia?

Anchor tenants usually sign longer leases, often 10 years or more with renewal options, while smaller units are often let for around five years. The right structure depends on the format, the fit-out investment and the location.

What is HICP indexation?

HICP is the Harmonised Index of Consumer Prices published by Eurostat. Most commercial leases in Croatia index the rent annually to HICP; whether that indexation is capped and from which date it applies is an important part of the negotiation.

What is a service charge?

The service charge (common area charge) covers the shared costs of a scheme — maintenance, cleaning, security, landscaping, common utilities and management. It is charged per square metre on top of the base rent.

What do "shell & core", "roh bau" and "turnkey" mean?

"Roh bau" or shell & core means the unit is handed over with the structure and basic installations only, and the tenant completes the fit-out. "Turnkey" means the landlord delivers a fully fitted unit to an agreed specification.

What is turnover rent?

Turnover rent is an additional rent calculated as a percentage of the tenant's net turnover, usually payable when it exceeds the base rent. It is common in shopping centres and some retail parks.

What does solemnisation of a lease mean?

In Croatia a lease can be solemnised (confirmed) by a notary public. A solemnised lease becomes a directly enforceable document, which is why landlords often require it.

What security do landlords usually ask for?

Typically a deposit or bank guarantee of several months' rent, a promissory note (zadužnica) or a parent-company guarantee — sometimes a combination, depending on the tenant's covenant.

How is a brokerage fee agreed in Croatia?

Under Croatian law, real estate brokerage requires a written brokerage agreement, in which the fee is agreed in advance. 2.advice is registered in the HGK Register of Real Estate Brokers under no. 25/2018.

What do retailers look for in a retail park?

Visibility from the main road, easy access, enough parking, a strong food or non-food anchor, complementary co-tenants and a sufficient catchment population within a 10–15 minute drive.

Do you advise on sales and investments?

Yes. We advise owners on the sale of retail and commercial property and connect them with retailers and investors — for example the sale of a supermarket site in Vukovar to Eurospin.

Who owns 2.advice?

2.advice is partner-owned: founding partners Matko Cikač and Emanuel Bakić both work full-time in the firm. There are no external shareholders, and every mandate is led by both partners together — never delegated to junior staff.

How do we start working together?

Write to info@2advice.hr or call +385 98 548 456 with a short description of the property or the space you need. We will reply with an assessment and a proposed approach.

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