In 2024, the commercial real estate market in Belgrade showed steady growth, driven by a robust economy and rising consumer demand. Experts predict that the trend will continue in 2025, especially in the central areas and New Belgrade.
Rental rates in different districts of Belgrade
- Thecenter (Knez Mihailova, Slavija, Terazije) has the highest rental prices.
- New Belgrade – a business center with dynamic development.
- Zemun – more affordable premises for small and medium-sized businesses.
Average rental rates (€/month):
- Center: from €200 for 15-20 m² to €2000 for 100+ m².
- New Belgrade: from €200 for small premises to €2000 for large areas.
- Zemun: from €200 to €1500 depending on the size.
The largest international chains choose the center and New Belgrade, while local businesses prefer Zemun and the surrounding area.
New retail projects
- Belgrade Waterfront is the largest multifunctional complex in the country.
- New Belgrade – active construction of shopping centers and retail parks.
- Growing popularity of outlets focused on international brands.
Forecast for 2025
- Rents will remain stable, with possible adjustments in top locations.
- Opening of new shopping centers by the end of 2025.
- Growth of international retailers, which will increase competition in the market.
Belgrade continues to strengthen its position as a promising site for commercial real estate investment.
Source: https://t.me/relocationrs/580
SERBIA
