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 1.7M inhabitants, Belgrade is one of the four largest cities in Southeastern Europe. 24% of the country’s population lives in this city.
It is estimated that Belgrade generates over 40% of Serbia’s GDP. Belgrade is in the group of lowest supplied cities in the region regarding shopping center density, reaching 150sqm per 1,000 residents, and office space with the overall market vacancy of less than 4%.