Business Garden Family as a Success Story – Office Space Vacancy Rate Below 10%
(Photo: CBS International)
The only modern class A office building in Belgrade city center - Business Garden, developed by renowned investors AFI Europe and Shikun & Binui Group, has with the beginning of 2021 reached almost full occupancy.
This contemporary high-rise office building has with the most recent lease acquisition become a new seat of the company Heating&Cooling Expert doo, the licensed representative for Daikin Airconditioning Central Europe - the leader in innovation, manufacturing and sale of HVAC systems and equipment for facilities of all uses. Serbian office offers full technical, logistic, sale and marketing support to all the licensed Daikin dealers in Serbia and Montenegro.
With this distinguished global brand as the tenant company, Business Garden currently has less than 10% of the available office space, out of its full capacity on 16 floors. The Exclusive Leasing Representative of this unique office building is the leading real estate consultancy in Serbia – CBS International, part of the Cushman & Wakefield Group.
A list of reasons behind this success story would be rather lengthy, bearing in mind all the challenges last year imposed. The list of tenant companies in Business Garden incorporates some of the biggest names in domestic and international business, dominantly from the IT industry, but also from the fields of telecommunications, clinical research, construction and engineering industry.
(Photo: CBS International)
A year after the break out of the pandemic, the largest number of companies have chosen a hybrid model of managing their businesses in terms of combining traditional office space and temporary home office mode, with size-wise unchanged requirements regarding the office space they are renting.
Certainly, the general sentiment among the tenant companies prevails to be that the traditional office space remains to have no alternative, being indispensable for the majority of industries, which Business Garden confirms, as within the year of a pandemic it reached the highest occupancy of its premium office space.
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