Serbia

InterContinental Hotels Group has opened the first Crowne Plaza in Serbia - Crowne Plaza Belgrade. Boasting the largest hotel ballroom in the country, the hotel’s meeting facilities further set it apart from the competition.

Shortnews Valuation and Advisory Services department of Colliers International has secured the exclusive mandate to provide valuation and advisory services for a large number of properties owned by NIS a.d. Novi Sad. During the next 12 months the company estimates that it will work on the NIS portfolio consisting of more than 160 proje...

The Serbian government’s financial boost and the deregulation resulted in a strong recovery of construction activity in 2011, when the total value of works done in Serbia rose by 20.4% against the previous year. The value of works already hit the pre-crisis levels of 2008, and recovery should continue in 2013 after an expecte...

Atrium Consulting has expanded its portfolio of property and facility management services with the Danube Business Center in Novi Beograd. Owner of the brand new state-of-the-art A-Class office building is Alba Invest.

Jones Lang LaSalle has been appointed by Delta Real Estate Group as an exclusive agent in the commercialisation process of Delta Planet, a new shopping mall which will be located in Belgrade.

Colliers International in Serbia has announced the appointment of Nikola Djogatovic as Retail Agency Director. Nikola’s joining Colliers reflects the company’s strategy of enhancing its position in the retail market in Serbia.

Colliers International in Serbia has announced the appointment of Jovan Tatalovic as Office Agency Director. Jovan’s joining Colliers reflects the company’s strategy of enhancing its position in office market in Serbia.

Plaza Centers N.V. celebrates the opening of Kragujevac Plaza in Serbia. Kragujevac Plaza is the company’s first shopping and entertainment centre in Serbia and Plaza’s 33rd developed shopping and entertainment centre worldwide.

Luke Dawson is taking over the position of Managing Director of Colliers International in Serbia effective immediately. Luke replaces Mrs. Maja Sahbaz as Managing Director, who has left Colliers to pursue other opportunities.

The regional green building Expo and Conference, which will be held from the 23rd to the 25th February in Belekspo center in New Belgrade, got the official support of the City of Belgrade, as it was announced by the organizers on Thursday.

The Bosch Group is planning to set up a manufacturing site for automotive windshield-wiper systems near Belgrade, Serbia. By 2019 some 70 million euros will be invested. Construction work is set to begin in early 2012, with production due to commence at the start of 2013. Initially, some 60 associates will work in manufacturi...

The Rezidor Hotel Group announces the Radisson Blu Hotel, Belgrade – the property featuring 236 rooms is already under construction and will welcome the first guests in Q4 2013. It is Rezidor’s very first hotel in Serbia; the group is now present in 64 countries across Europe, Middle East and Africa.

Direct commercial real estate investment volumes in Europe in the first quarter 2011 (Q1 2011) totalled €26 billion, a 32 percent increase on figures for Q1 2010, according to new research from Jones Lang LaSalle. Successful debt and equity issuance has provided liquidity to the market, which in turn drove cross-border inves...

The first quarter (Q1) of 2011 saw European commercial real estate transactions hit €26.7 billion as the investment market builds further momentum, according to the latest data by CB Richard Ellis (CBRE).

The Dublin office of CB Richard Ellis Group has announced the winner of its annual Urban Photographer of the Year competition. CBRE also announces the Ireland country winner for the entry ‘Waiting at the Stop’.

European GDP growth coupled with consumer and industrial production has created a platform for a steady but sustainable recovery in the European logistics market according to a new report ‘Property Times - European Logistics’ released today by DTZ. An uplift in consumer spending particularly in less indebted countries is boo...

The Board of Directors of The Rezidor Hotel Group has decided to extend Kurt Ritter’s employment agreement past its current expiration date of February 2012 for a period of three years. The terms of his employment agreement remain otherwise materially unchanged.

Central and Eastern European commercial property market performance returned to positive territory in 2010, delivering a 3.1% euro-denominated total return, according to the IPD CEE Annual Property Index. This was a strong improvement on 2009’s -6.5% return.