RESEARCH

Insight

Belgrade Office Market Q2 2019

As of beginning of 2019, Belgrade office market witnessed the increase in the new supply for 25,000 sq m of GLA, which caused the rise in the modern office stock to the level of nearly 887,000 sq m of GLA.

Due to the complexity of data provided by this Report, for more information regarding Office market, we kindly ask you to contact us at market.research@cw-cbs.rs and we shall respond to you shortly.

Belgrade Retail Market Q2 2019

In terms of new developments, Belgrade retail market experiences a real expansion, after a period of reduced activity. With the opening of GTC’s Ada Mall of 34,000 sq m of GLA, Belgrade retail stock grew to the level of app. 382,000 sq m of GLA,

Due to the complexity of data provided by this Report, for more information regarding Retail market, we kindly ask you to contact us at market.research@cw-cbs.rs and we shall respond to you shortly.

Belgrade Residential Market Q2 2019

In accordance with the official data recently published by Statistical Office of the Republic of Serbia, a number of constructed residential units in Belgrade in 2018 grew by 32% as compared to 2017, standing at 5,929 units. The top results in the number of completed units were recorded in Vozdovac Municipality, which participated with the largest share of 21% in the total number of constructed apartments in 2018.

Due to the complexity of data provided by this Report, for more information regarding Residential market, we kindly ask you to contact us at market.research@cw-cbs.rs and we shall respond to you shortly.

Belgrade Industrial Market H1 2019

Being the least developed property segment in Serbia, the industrial market was facing much stronger development activity over the previous period, reflecting the investors’ expansion appetite for both manufacturing and logistics facilities in Serbia.

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Belgrade Hotel Market H2 2018

Although the attractiveness of the hotel market is rising, Serbian capital lacks more hotels in the luxury segment, i.e. Belgrade five-star hotel stock comprises only five hotels. Growing demand and the limited number of branded hotels indicate an opportunity for the investors.

Due to the complexity of data provided by this Report, for more information regarding Hotel market, we kindly ask you to contact us at market.research@cw-cbs.rs and we shall respond to you shortly.

Novi Sad Property Market

Novi Sad property market is witnessing an increased development activity in all segments of the market. The total office stock, currently standing at the level of 85,000 sq m, should be enlarged by completion of the first modern Class A office building in Novi Sad city center, while the retail market will witness the opening of the first western-type shopping center, in November 2018.

Due to the complexity of data provided by this Report, for more information regarding Novi Sad Property Market, we kindly ask you to contact us at market.research@cw-cbs.rs and we shall respond to you shortly.