In contradiction to high expectations, the market has been significantly affected by the recent crisis. 2009 was expected to bring significantly bigger inflow of direct foreign investment into Serbia. Considering that many plans have been postponed, and many companies have been faced with tough financial circumstances – the office market suffers loss of more than 25% of price (now on average EUR 14 - 15 per sq m for Class A; average EUR 10 per sqm Class B). Vacancy rises to 15%, while yields reached 10.5%. In 2009, several large supplies are recorded or expected; some of them are Blue Center (30,000 sq m), Savograd (35,000 sq m), Airport City Tower (12,000 sq m) and Belgrade Office Park (16,000 sq m), with 190,000 sq m in pipeline.
