FM Serbia.com

In the first half of 2009, Belgrade total office space (Class A/B) increased by around 32,500 m2 (5.14%). At mid 2009, the total Class A and B office space in Belgrade reached approximately 626,000 m2. In the first half of 2009, the office space supply has exceeded the demand, causing the rising vacancy rate and decreasing net rents.

Presently, the overall vacancy rate (Class A and B) marks 16%, with the highest rate in the suburban area (26%) and the lowest in the CBD (13%).
Net rents have marked a decreasing trend in 1H 2009, coming to the average EUR 14.1/m2/month for Class A and EUR 11.5/m2/month for Class B office space.