Cushman & Wakefield to enter Serbian market

Cushman & Wakefield, a global real estate consulting company, has signed a partnership agreement with CBS International, as its exclusive representative for Serbia and Montenegro.

CBS International is embarking on a second decade of successful operations. The company has been one of the leading real estate consulting companies in Serbia for seven years already, providing a full range of services, from mediation and representation of clients and investors, to consulting services, such as valuation and investment advisory, project management, property maintenance, market research and marketing.

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– After a decade of successful operations in Serbia and Montenegro, as the absolute market leader, we are very satisfied with our new partnership with Cushman & Wakefield, which will further enhance the standards of the quality of the services we provide our clients with. Local expertise of the biggest on the market, together with an international experience of a global leader, is an excellent platform for the regional expansion along with the implementation of the best practice in new markets – said Dragan Radulovic, Regional Manager at CBS International.

He announced that CBS International planned to enter the markets of Croatia and Slovenia, but also to expand outside the territory of the former Yugoslavian countries. The company will also open two more offices in Serbia – in Nis and Cacak.

Goran Zivkovic, who has been General Manager of CBS International Serbia since  1st April, pointed out that the data on the available office and retail space in Belgrade shows that there’s still plenty of potential for the growth and the development of the real estate market.

– With 845,000 m2 of office space, Belgrade is the last in the region. As for retail space, the average in the region is 500 m2 per 1,000 citizens, whereas Belgrade only has 208 m2, that is, a total of 345,000 m2 of retail space – Zivkovic said.

The housing market in Belgrade has been turning to large-scale projects lately, i.e. those with 300 and more apartments, with a visible increase in quality. .

Mina Kalzeic, Marketing and Sales Manager at CBS International, adds that CBS has been engaged in the projects like Business Garden, Skyline and Vozdove Kapije and that the implementation of their newest project, WellPort, located in Block 65 in Novi Beograd, next to the Airport City, will begin on 1st May.

(eKapija, 03.04.2018)


This post is also available in: Italiano

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