The Belgrade Land Development Public Agency has sold at auction 21,000 sq. m of construction land in New Belgrade’s Block 53 area for RSD 200 mln.

Four legal entities applied for the auction, and the highest bid was received by a company dealing with real estate management, Beoinfo reports.

The initial price of the lot was RSD 128.3 mln.

The land sold is behind the ‘Terminal Belgrade’ customs office, near E70 Highway and intended for construction of commercial, production or commercial-business facilities.