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Articles - vacancy

Commercial Real Estate Market in Serbia: Huge Potential in the Shadow of Residential Construction

While residential construction in Serbia has been the main focus of investors in recent years, the commercial real estate market shows significant potential for growth and development. In the second quarter of 2025, the vacancy rate for office spaces in Belgrade dropped to the lowest level in the past decade, standing at only 2.7%. This trend indicates strong demand for modern commercial spaces and opens the door for new investments in the commercial real estate sector.

Belgrade in Focus: Few Available Offices, Great Opportunities for the Right Deals

Belgrade has in recent years become one of the most attractive business centers in Southeast Europe. New projects are emerging, business districts are expanding, and quality office spaces are being leased faster than ever. However, despite continuous construction, available vacancy is almost non-existent—especially in the segment of the highest-quality office buildings, known as Class A.

Improving Economies to Drive Falling Vacancy and Rising Rents in European Office Markets in Next Five Years

Europe’s prime office market vacancy rate is expected to fall back to its 2009 level by the end of 2016 and then to continue declining over the rest of the decade, according to global real estate advisor, CBRE. In Europe’s major cities, office development is not keeping pace with growing demand driven by improving employment trends and almost all key office markets are expected to show falling vacancy rates and accelerated rental growth over the next five years.

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