Projects in Belgrade – Great competition in apartment market, office space becoming more attractive, retail property still in development
– When it comes to residential property, the buyers are quite often the citizens from diaspora (10-15 %) and foreigners who have business connections to Serbia. In the future there will be a greater demand for office space, in accordance with companies` needs while industrial projects will start development as well, thinks Goran Zivkovic, the Managing Director for CBS International Serbia. Meanwhile, Jovana Martinovic, the Deputy CEO at Merin Holdings says that their target group are mainly clients who in Serbia have a monthly revenue larger than EUR 2000.
She wasn`t expecting for the prices to drop but she said that there would always be buyers even if the sales slowed down. According to her, the next step, which currently isn`t being talked about, are the somewhat cheaper but also quality apartments.
Office market will be attractive in the next period as well
– 40% of our new project, Delta House, will be set aside for our company while the rest will be offered on the market. The emphasis is on the “open space” offices, flexible conference rooms, restaurants, gyms. When it comes to Delta Planet project we wish to offer a different concept, something which hasn`t been seen before, Gajic said.
– Belgrade has plenty of investors while the rest of Serbia has potential for growth. The focus should be on enterprises that bring success, Pitesa said, answering the question why hadn`t they centered their business around Belgrade.
Aleksandra Kekic
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