In a video interview recorded at CEE Property Forum in Vienna, Angelina Nekić, CEO of Delta Real Estate, shares her outlook for Serbia’s property market, the impact of Expo 2027, financing conditions and the company’s long-term investment and expansion strategy across the Balkans.
What are your expectations for the coming years in Serbia? Are you taking part in the upcoming Expo in 2027?
Expo is approaching, and many infrastructure projects are underway across Serbia. This is creating a lot of new opportunities for both domestic and foreign investors. We are also investing heavily. For example, we are currently developing a five-star hotel with 200 rooms in preparation for the Expo, which will further enhance Belgrade’s hospitality offering.
Is it easy to find financing for these projects?
I wouldn’t say it’s easy — it’s different. Many developers are competing for projects related to the Expo, so the market is quite dynamic and competitive. At the same time, the residential sector has been very active, even since 2017. Overall, everyone is very eager to secure opportunities and move forward with new developments.
Are you planning to exit afterwards?
No. We build our assets with a long-term perspective and plan to hold them. We are not only developers — we are also operators of our properties. We put a lot of effort into every detail because we intend to manage and operate these assets ourselves for the long term.
Besides Serbia, where else do you own or operate property?
We are very active across the former Yugoslavia region, from Slovenia to Bosnia and Serbia. We also have some assets in Bulgaria. At the same time, we are planning to expand even further across the Balkan Peninsula.
Which markets do you think will fare better next year?
Hospitality is very interesting at the moment and will become even more important in the run-up to the Expo. Residential is also still booming in Serbia and across the region. These are the segments we are primarily focusing on.
