The Belgrade Office Market has shown greater stability in the first half of 2024, following a record increase in supply of new commercial buildings in 2023.
One significant trend shaping the office real estate market is a focus on environmental, social, and governance (ESG) principles. Sustainability has become a key aspect of major projects, encouraging investors to seek certification and ensure compliance with ESG standards.
Although there has been a slowdown in the supply of new office buildings in the first quarter of 2024, the second quarter saw the completion of the reconstruction of one commercial building, and construction of several significant projects is still ongoing.
In the future, the realization of numerous planned projects is expected to further enrich the Belgrade office real estate market.
Recent trends show an increasing number of co-working spaces. The vacancy rate continues to decline, and rental prices have remained stable.
For a more detailed analysis and insights, download the Belgrade Office Figures Report for the second quarter of 2024. – Click HERE
This comprehensive report provides an overview of current trends and future projections for the Belgrade Office Market.
