Poor infrastructure, gaps in the legislation and the lack of transparency in the market are reducing the investment attractiveness of Serbia. Such conclusions were made by participants of the international conference in Belgrade on the results of the report by RICS, writes ee24.com citing ekapija.com.
Now institutional investors representing large firms are more interested in short-term investments with low risks, which Serbia can not offer. Only joining the European Union may increase the attractiveness of investment in the country. Rudolf Ridl from RICS believes that this step is "vital for Serbia", because in accordance with the requirements of the organization, the country will have to unify the law and ensure market transparency and thus increase its appeal.
Existing and prospective investors are most interested in buying commercial real estate in Serbia, namely offices and shops and mostly in Belgrade. Their number per capita in Serbia is still significantly less than in other countries of Central and Eastern Europe.