GTC reported rental and service revenue of €53 million in Q1 2026, up 7% from €50 million in Q1 2025, driven by 4% like-for-like growth in rental income. The increase was primarily supported by higher rents in Poland, particularly in shopping malls, as well as strong performance from properties in Sofia and Belgrade.

The construction of the Belgrade Metro represents the largest civil engineering project in Serbia and is expected to be a primary driver of economic growth in the coming years. For decades, public transport in Belgrade relied solely on buses, trams, and the city railway (BG Voz). The development of a comprehensive underground system is expected to have a transformative effect on commuting patterns and travel times.

Real estate investor GTC has leased over 150,000 sqm of commercial space in 2025 across 30 office complexes and six shopping centres in CEE.

Belgrade's apartment market recorded €768.5 million in sales during the fourth quarter of 2025, marking an 18% increase compared to €651.9 million in the same period the previous year, according to data from the Republic Geodetic Authority, analysed by real estate consultancy Cordon.

Milica Nikolić has been appointed Managing Director of iO Partners Serbia, bringing over two decades of experience in commercial real estate advisory and market development across the office, industrial and retail sectors in Serbia.

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.

Belgrade's residential market recorded a transaction volume of €577.6 million in the third quarter of 2025, representing a 10% increase compared to €525.9 million in the same period of 2024, real estate agency Cordon reports.

According to the Wall Street Journal, Jared Kushner has abandoned plans to develop a Trump-branded hotel complex on the former Yugoslav army headquarters site in central Belgrade, following mounting political, legal and public opposition in Serbia. The project, which had become highly controversial due to its location on a NATO-bombed heritage site and the government’s efforts to strip it of protected status, ultimately stalled amid investigations, protests and growing scrutiny over potential conflicts of interest.

Belgrade's rental market remains stable with no significant changes compared to previous years, according to an analysis by real estate agency Cordon based on 1,000 apartment listings from November 2025.

Overall construction output in Serbia is expected to decline this year, primarily due to the slowdown in civil engineering as several road and railway projects were completed last year. By contrast, non-residential construction has entered a new growth cycle driven by investments connected to hosting Expo 2027 in Belgrade.