The first international industrial/logistics developer present on the Serbian market is expanding its portfolio rapidly. Vlatko Djuricek, Country Head of Serbia at CTP talked to Property Forum about the company’s future plans.
CTP has been operational in Serbia for almost 2 years. We have a total of 150,000 square metres under development in different stages, in 7 buildings, 5 projects, 4 locations and 3 cities – Belgrade, Kragujevac and Novi Sad. We consider Serbia a strategic market and we are interested in covering the whole country with CTParks.
What are the main drivers of growth right now? From which sectors are your tenants coming from?
There is really strong interest from the automotive sector, we also hose a number of R&D facilities and we have several tenants from the logistic sector.
International developers are barely present on the Serbian industrial/logistics market. Do you expect this to change in the coming years?
We are pioneers on the market in many aspects but for sure we expect new entries.
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