Overview of office real estate in Belgrade

Overview of office real estate in Belgrade

31 March , 2025

The office real estate market in Belgrade is expected to show steady growth in 2024, driven by a robust economy and increasing demand for quality office space. Demand for modern office space continues to exceed supply, which stimulates the active construction of new business centers and renovation of existing buildings.

Rental prices in different parts of Belgrade:

Central districts (Knez Mihailova, Slavija, Terazija): The most prestigious offices are concentrated here. Rental rates range from €200 to €600 for 15-20 m² space and reach €1,000-2,000 for space over 100 m².
New Belgrade: This district has become the business center of the capital with a dynamically developing infrastructure. Rental prices here range from €200 to €500 for small premises and up to €2,000 for large office space.
Zemun: Offers more affordable options for small and medium-sized businesses. Rental rates start at €200 for small spaces and go up to €1,500 for large offices.

Trends and forecast until the end of 2025:

Demand for office space in Belgrade remains high, especially from foreign companies and banks. Active construction of new business centers is observed in the central districts and New Belgrade, but the supply still does not fully meet the market needs.

Rental rates are expected to remain stable until the end of 2025, with possible adjustments in the most sought-after locations. Infrastructure development and commissioning of new office space will continue, which may somewhat reduce the supply shortage in the market.

Source: https://t.me/relocationrs/725

BELGRADE, OFFICE REAL ESTATE