ARTICLES LABELLED WITH TAG Serbia

02
Sep
2021

BIG CEE Serbia appoints new CEO

by Property Forum
Lev Weiss has been appointed the new CEO of the BIG CEE Serbia.
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01
Sep
2021

Prime yields in Belgrade are expected to be under pressure

by Ákos Budai
One of the largest real estate transactions of the last 5 years on the CEE market was inked in Belgrade this year and the Serbian capital is attracting further investor interest. Srdjan Teofilovic, Head of Capital Markets & Investor Services at CBS International, member of the Cushman and Wakefield Alliance, talked to Property Forum about the trends driving Serbia’s investment market.
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09
Jul
2021

Eagle Hills completes structural works on Kula Belgrade

by Property Forum
Belgrade Waterfront developer Eagle Hills has completed structural works on Kula Belgrade. With 168 metres, 42 levels and a total area of about 50,000 sqm, the tower is the tallest building in Serbia and the region.
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08
Jul
2021

SEE construction markets set to record further expansion until 2023

by Property Forum
In the first year of the pandemic, the construction market of the SEE region as a whole remained in the positive, and further expansion is expected until 2023. The only exception is Bulgaria where a harsh transition is foreseen for 2023 when the 2014-2020 EU programming period ends financially. The massive growth experienced in the years before 2020 is not anticipated to return. around 3% growth is projected for 2021 and 2022, and a 3% drop for 2023. The countries with the largest cumulated growth on the forecast horizon are Croatia and Serbia, according to the Eastern European Construction Forecasting Association’s 2021 Summer Construction Forecast Report.
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07
Jul
2021

Radisson adds a second hotel to its Belgrade portfolio

by Property Forum
Radisson Hotel Group has announced the opening of Belgrade Art Hotel, a member of Radisson Individuals, located in the heart of the old city. This opening marks the debut of the Radisson Individuals brand, a conversion solution recently launched in Europe in Q4 2020 and complements the existing Radisson Collection Hotel in Serbia's capital city.
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21
Jun
2021

NEPI sells €61 million Serbian retail portfolio to BIG CEE

by Property Forum
Real estate services platform Novaston was an exclusive support agent in the sales process of two retail properties in Serbia between two influential investors in the Balkan region: NEPI Rockcastle and BIG CEE. The binding agreement with the total consideration of the approx. €61 million euros for retail properties Kragujevac Plaza Shopping mall (with a GLA of 22,300 sqm) and Krusevac retail park (with a GLA of 8,600 sqm) was signed in June.
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25
May
2021

GTC bets on Poland, Hungary, green bonds and a capital increase

by Michał Poręcki
Yovav Carmi, CEO and Ariel Ferstman, CFO of Globe Trade Centre talked to Property Forum about GTC`s recent acquisitions, the sale of the Serbian office portfolio, coping with COVID-19's long-term effects and their new investment strategy.
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07
May
2021

Colliers announces end of affiliations in Serbia and Greece

by Property Forum
Colliers announced the end of its affiliation with its partner in Serbia (AVT RE DOO) and Greece (AVTB Private Company), effective immediately.
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04
May
2021

Serbia’s construction industry to return to growth in 2021

by Property Forum
During the last six years, between 2015 and 2020, the Serbian construction industry rolled out into one of the strongest growth cycles in recent history. The powerful surge in construction outputs surpassed all initial expectations, and there are a number of converging factors behind its formidable result. The recovery after the recession gradually transformed itself into a fully-fledged construction boom, which more than doubled Serbia’s construction output, from €2 billion in 2015 to €4 billion in 2019. Even the pandemic in 2020 didn’t change the very positive outlook, although it did cause a slowdown and negative consolidation of construction outputs by some 5% at constant prices. The expected growth should return in 2021, however. The EECFA (Eastern European Construction Forecasting Association) has released its latest article about the Serbian construction industry, written by Dejan Krajinović, Beobuild Core D.O.O.
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12
Apr
2021

GTC’s Belgrade buildings gets LEED certified

by Property Forum
In February 2021, the N3 building of GTC’s Green Heart office complex in Belgrade has obtained a LEED Gold certificate, thus finalising the certification process for the whole complex. Completed in 2020, Green Heart comprises five Class A buildings providing 46,300 sqm of office space.
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Latest news


New leases

  • Internet radio station, newonce.radio will move its headquarters to the Norblin Factory in Warsaw. On an area of 366 sqm there will be a new radio studio, editorial offices and office facilities, including a conference room.
  • Specjał Group, Polish-owned FMCG distributor, has leased another 1,400 sqm of warehouse space for its Warsaw branch in Panattoni Park Konotopa II. The tenant was represented during the lease transaction process by real estate advisory firm Cresa Poland.
  • Poczta Polska has leased 3,300 sqm of warehouse space and almost 1,000 sqm of offices in 7R City Flex Gdynia. The agreement has been signed for ten years.

New appointments

  • Two new professionals are joining MDC2 - a warehouse and industrial developer operating on the Polish market. Wojciech Kosiór has been appointed as a Head of Development and will be responsible for project development in Central and Northern Poland. Bartłomiej Kazirod has been appointed as a Project Director working within the construction team.
  • Paweł Suracki joined Colliers as the Investment Services Director. He will be responsible for managing sales and purchasing processes on behalf of Colliers' clients and for establishing and maintaining relationships with potential and current Colliers' partners in Poland.
  • Avison Young has announced a key change to its directors’ team in Budapest with the arrival of Martina Cifer at the helm of its Office Leasing department. In her new capacity, she shall oversee both the company's Landlord and Tenant Representation divisions.


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