Belgrade, The White City, is the capital and the largest city of Serbia, located at the confluence of two rivers - Danube and Sava. With a population of 1.7 M inhabitants, Belgrade is one of the largest cities in the Southeast Europe. 24% of the country's population lives in this city, while it is estimated that Belgrade generates over 40% of Serbia's GDP.
Belgrade is in the group of the lowest supplied cities in the region in both retail and office segments. With 150 sqm per 1,000 residents in shopping centres and office vacancy of 3%, it is the one of the most attractive destinations for real estate investments.