Croatia to Seek Investors for Tourism Projects

Croatia is expected to announce several international tenders aimed at selecting investors for large-scale tourism projects in the country in 2019. An agreement establishing conditions, rights and obligations for the concession of former military sites Muzil,...

Belgrade Residential Market in Q2 2018

Belgrade residential market preserves the strong demand, mostly within the projects reflecting good location price quality balance. Since the situation on the residential market has been booming in the previous period, the end-users have become more sophisticated than...

Serbia Residential Market Insight

Based on assessments from the official authorities, the construction sector started to recover (growing by 1.8% y-o-y) on the back of recent improvements in issuing construction permits and lower financing costs as interest rates fell in 2017. The demand for...

Belgrade Retail Market Overview

Serbia’s GDP growth amounted to 1.9% in 2017, which was below the projections. Still, GDP grew by 4.5% in Q1 2018 in comparison with the corresponding period of the previous year. In 2018 and over the medium term, the growth is expected to pick up, thus helping the...