Belgrade
SPS
Space Measurement Standard
Space Unit of Measure
EUR convert
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Financial Data Currency[1]
Yes
Transfer Taxes
Office Occupier Market Condition
Ease of Doing Business – How conducive is the regulatory environment to starting and operating a business. Source: The World Bank, Doing Business – 2018
Labor Cost – Wages for “Knowledge Workers”. Source: Trading Economics.com, OECD Wage Report, Colliers International
Taxes – Favorability of taxation policies to business. Source: The World Bank, Doing Business – 2018
Tenant Favorable – Assessment of the real estate market condition. Source: Colliers International
Typical Loss Factor
3-5%From rentable to useable square meters
Landlord Concessions
Fit-Out Concession
Amount of Fit-Out Concession
€20/sm-€70/smTypical range of fit-out contribution.
Rent-Free Period
Standard Range of Rent-Free Months
0mo.-7mo.Typical number of rent-free months.
Rent-Free Period Notes:
Depending on the lease duration, client and headline rent.Payment of Fees/Commissions
Lease Provisions
Lease Term
3yrs.-10yrs.Typical lease term in years.
Operating Expenses & Service Charges Included
Additional Charges
€2.5/sm-€4.5/smEstimated range for all additional charges per Square Meters.
Additional Charges:
Service Charge Notes:
The service charges include cooling and heating, and also include the common areas and are divided by tenants on an equal basis (based on the share of the leased area towards the size of building)Lease Fundamentals: The following apply to both office and industrial leases.
Lease Execution Requirements:
Negotiated Subletting/Assignment
Statutory Subletting/Assignment
Blend & Extend Strategies
Statutory Early Termination
Negotiated Early Termination
Workplace
Regional Office Space
5sm-10smTypical Square Meters per employee (includes office square footage for employees and contractors).
Regional HQ Office Space
8sm-12smTypical Square Meters per employee (includes office square footage for employees and contractors).
Belgrade market is behind.
Desk Sharing
Urbanization of the workforce is: Equal to several other considerations driving location decisions
Industrial Occupier Market Condition
Ease of Doing Business – How conducive is the regulatory environment to starting and operating a business. Source: The World Bank, Doing Business – 2018
Labor Cost – Wages for “Knowledge Workers”. Source: Trading Economics.com, OECD Wage Report, Colliers International
Taxes – Favorability of taxation policies to business. Source: The World Bank, Doing Business – 2018
Tenant Favorable – Assessment of the real estate market condition. Source: Colliers International
Landlord Concessions
Fit-Out Concession
Rent-Free Period
Standard Range of Rent-Free Months
0mo.-1mo.Typical number of rent-free months.
Rent-Free Notes:
Sometimes a 1-month rent-free period per 5-year contract is providedPayment of Fees/Commissions
Lease Provisions
Lease Term
3yrs.-5yrs.Typical lease term in years.
Operating Expenses & Service Charges Included
Additional Charges
€0.5/sm-€1/smEstimated range in total for all additional charges per Square Meters.