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.

The first half of 2025 has confirmed a strong return of investor activity in Central and Eastern Europe. The Czech Republic, with the most remarkable performance, is emerging as the regional leader, ahead of even Poland, according to the latest iO Partners report.

Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.

MPC Properties has sold CBRE Immo Outlet Center in Belgrade to PFT Celanova for an undisclosed sum.

The Trump administration has imposed 100% tariffs on a range of imports from Serbia and Bosnia and Herzegovina, accusing both countries of deepening ties with China. This marks the first time a U.S. president has taken such a step against a European nation over relations with Beijing.

According to local real estate agency Cordon, the Belgrade residential market recorded a total transaction volume of €650 million in the fourth quarter of 2024. This represents a 32.6% increase compared to €490 million in the fourth quarter of 2023, when the market was still affected by a two-year stagnation period. While the volume is objectively high, Cordon notes that the year-on-year comparison should be viewed with caution, as the 2023 figure reflected an exceptionally weak period.  

CTP has developed a new 18,000 sqm build-to-suit production facility for Schott Pharma, a supplier of pharma drug containment solutions and delivery systems, at CTPark Jagodina in Serbia. 

CA Immo has completed its strategic withdrawal from the Serbian market with the sale of the Sava Business Center in Belgrade for an undisclosed sum.  

The European Bank for Reconstruction and Development (EBRD) is providing a regional loan of up to €120 million to AFI Europe to support its development pipeline in Serbia, Poland, Romania, and Czechia. 

BIG CEE, a subsidiary of BIG Shopping Centers, has announced a significant €100 million financing agreement with the European Bank for Reconstruction and Development (EBRD) to fuel its expansion across the Balkans.