NOVASTON: Office space market is in search of specialized representatives
Despite the initial pessimistic assessments due to global inflation and uncertainty, most experts reckon that the rental prices will continue going up due to constant high interest and higher construction prices. On the other hand, expecting the best possible service and conditions, lessees/buyers want to work with companies that come with experience and are specialized for commercial real estate sector. Those real estate companies are able to stay agile on a demanding market by offering a wide range of services, to act quickly and facilitate the most efficient transaction.
NOVASTON offer includes all leading office buildings within the Central Business District, in New Belgrade as well as the town center, such as Indotek Group office portfolio, Airport City multifunctional business park in the central New Belgrade area, then the exclusive class facility, Kennedy Offices, modern Bridge Plaza in New Belgrade`s Block 43, Grawe office building and others.
The luxury office building “Revolucija” has more than 7,000 square meters of office space (three floors are still available for lease). Class A office space takes up eight floors whereas the last floor is designed for various events and conferences. According to the plan, “Revolucija” building will include retail and restaurant area on the ground floor and the parking garage will have 130 parking spots reserved for renters.
The building is situated on a very attractive central city location, across from Vukov Spomenik. Close by are technical sciences faculties, numerous cafes, restaurants, boutiques and shops. It is well connected with the downtown city area and the highway route that takes you to the airport in 25 minutes.
NOVASTON platform, which is among the leading companies for lease and management of retail parks, has 16 retail parks in its portfolio – 14 STOP SHOPS, PULS Shopping Park and since this year, AVA Shopping Park (beside the IKEA department store) which is awaiting expansion in the second phase which would make it one of the most important shopping destinations in Belgrade and the surrounding area.
Serbia is keeping up with the global trends which record a higher demand for quality office space by the industrial sector with high growth such as IT but also by the small and medium enterprises. Office space in the central business quarters of big cities are again more attractive for rent because of the access to qualified work force and talented people. Functional technology and accent on employees` health and well-being are prioritized in the post-COVID world as well the flexibility of work which makes it imperative for companies to adjust their office space to their employees` needs, thereby stimulating productivity and creativity.
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