ARTICLES LABELLED WITH TAG Serbia

As part of the fight against the coronavirus, many firms have decided to temporarily cease their production to ensure the health of their employees.

Erste Bank Group anticipates an economic slowdown for 2020 in most CEE countries due to the coronavirus situation. The bank’s report mentions a negative scenario as well, which would result in a massive recession in the region.

CBS International, part of the Cushman & Wakefield Group, has been assigned to provide facility management services for the Blue Center office building in New Belgrade by owner Bluehouse Capital.

Nearly all market indicators point to positive developments on the Serbian market with further growth expected in all segments. Mia Zečević, the CEO of Serbia’s Novaston Real Estate Platform talked to Property Forum about the company’s development plans and shared her insight on the current trends shaping real estate markets in the Balkans region.

Delta Holding has laid the foundation stone for the Delta Planet Niš shopping centre, which will spread over 40,000 sqm on two floors.  Completion is scheduled for spring 2021.

NAI Global has opened a new office in Serbia with NAI WMG, which is led by NAI Business Director Nikola Senesi, PhD, FRICS. NAI WMG provides commercial real estate services in Serbia, Bosnia and Herzegovina, Montenegro and Albania.

Britain’s Poseidon Group and Belgium’s Mitiska REIM has sold Capitol Park Rakovica, the largest retail park in Belgrade, to Israel’s BIG CEE Group. The transaction closed in December 2019. CMS Belgrade advised the sellers.

Southeast Europe‘s real estate market is growing but most markets in the region have trouble attracting foreign investors. To make real estate investments in SEE more attractive, it is necessary to reduce investor risk by implementing legal, tax and public administration reforms and reducing corruption, according to the panellists at Balkans Property Forum 2019, which was organized for the third time in Belgrade by Property Forum and RICS. The conference was visited by nearly 200 real estate professionals from Serbia and other countries in the Balkans region.

A new 18,500 sqm production facility for one of the world’s leading automotive interiors supplier, Yanfeng Automotive Interiors (YFAI) was officially inaugurated in a formal ribbon-cutting ceremony at CTPark Kragujevac.

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.