Q1 2025: Serbia Industrial Overview

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Serbia’s industrial real estate sector remains stable and promising. With over 1.2 million sqm of modern A-Class space and no new completions in Q1 2025, the market still recorded a solid 52,450 sqm in net take-up, driven mainly by the logistics sector. Prime rents stayed at €5/sqm/month, and vacancy held at 6.5%, signaling healthy market balance. Belgrade and Vojvodina continue to lead in both total stock and activity, reinforcing their role as key industrial zones.


An infographic from iO Partners showing charts and key statistics for the Serbian Industrial Market in Q1 2025.


Head of Marketing and Market Research

Nevena MartinovicNevena Martinovic