NAI Global Opens Republic of Serbia Office
NAI Global Opens Republic of Serbia Office
NAI WMG will also serve the Country of Bosnia and Herzegovina, the Country of Montenegro and the Republic of Albania
New York, NY & Serbia – January 28, 2020: NAI Global President and CEO Jay Olshonsky, FRICS, SIOR, announced today the firm has opened a new office in Serbia with NAI WMG, which is led by NAI NAI Business Director Nikola Senesi, PhD, FRICS.
NAI WMG is a market leader and provides commercial real estate services in the Republic of Serbia, the Country of Bosnia and Herzegovina, the Country of Montenegro and the Republic of Albania.
The firm specializes in transaction advisory services for office, industrial and retail properties, valuation services on all types of assets, capital markets services, advisory and development services, property management and hotel investment and revenue management services. Over the last 10 years the principals of NAI WMG have demonstrated expertise in acquisitions and dispositions, leasing and lease renewals on behalf of tenants and property owners and investors.
“Commercial banks, financial institutions, government agencies, national and international corporations as well as investment funds and property owners have come to rely on our expertise and opinions. Based on the position we have established in the marketplace for these types of services, and the geographic footprint our professionals cover, we sought an opportunity with a worldwide leader in like-kind services and quality, and NAI Global’s operations and entrepreneurial platform was a perfect match for us,” said Nikola Senesi.
“We’re excited to have NAI WMG on board as their expertise in properties and services are consistent with NAI Global, and its market coverage gives us a very strong presence throughout the Balkan countries that complements the offices we have in Western and Eastern Europe,” said NAI Global’s President and CEO Jay Olshonsky.
The NAI WMG headquarters office for the Republic of Serbia, the Country of Bosnia and Herzegovina, the Country of Montenegro and the Republic of Albania is located at:
Kraljice Katarine 154
11030, Belgrade, Serbia
About NAI WMG Markets
Serbia: Starting in the late 1980s Serbia began the process of transitioning to a market economy and that process accelerated after the democratic reforms in 2000 that liberalized Serbian industries and enabled exponential growth in all facets of the country’s economy. Since then, the Serbian economy grew 4-5 percent annually, average wages quadrupled and economic and social opportunities dramatically improved. Since 2014 the country has been in the process of accession negotiations to join the European Union. Serbia is largely a service-based economy yet it exports automobiles, base metals, furniture, food processing, machinery, chemicals, clothing and pharmaceuticals. Its main trading partners are Germany, Italy, Russia, China and neighboring countries.
Bosnia and Herzegovina: This is a transitional economy that is also a potential EU country candidate as it shifts from a public policy geared toward consumption and imports to one of investment and exports. Services also dominate Bosnia and Herzegovina’s economy, accounting for about 55 percent of its GDP. However, industrial (23 percent) and manufacturing (12 percent) have been on the rise in recent years.
Montenegro: Montenegro’s economy remains principally a service-based economy. However, it is the fastest growing economy in the region with attractive real estate opportunities in the coastal area. With its long and beautiful Adriatic Coast, one of the country’s goals is to become an elite tourist destination and in recent years the coast has been an investment target for wealthy Russians, British and others from Europe.
Albania: Albania is a free market country and member of the North Atlantic Trade Organization (NATO) and World Trade Organization (WTO). Services account for over 50 percent of its GDP, followed by industrial (24 percent) and agriculture (22 percent). The country is rich in natural resources and exports food, lumber, oil, cement, chemicals, mining, basic metals, hydro power and textiles. Albania is also a tourist destination and has a strong hospitality industry. It is ranked among the top 25 tourist destinations for Europeans.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com.