Covid acts as a multiplier for the international real estate market.

A global trend is clearly visible. High government debt, not only due to Covid spending programs, has plunged many countries into a debt crisis. Cheap money and the fear of inflation is driving people worldwide into assets - it is gold, shares and real estate. However, there was already a high demand for real estate before Covid. Many needs for attractive housing can now no longer be met, further fueling demand and prices are consequences. Regionally, a change in demand for properties with special location advantages has also been noticeable for some time. Especially the housing market in large and attractive capital cities is flourishing. However, countries with potential for economic development are increasingly coming into focus. The focus is on Eastern Europe and especially South-Eastern Europe.

Serbia, located in South-Eastern Europe, is a country that offers great potential for investment in the infrastructure sector. At the same time, the country has also become of great interest to investors for real estate, not only because of its central position in the Balkan region, but also as a transit country for the transport of goods and people from Asia to Europe. The construction market in Serbia, together with the infrastructure market, which was abandoned for years due to the war, is developing very positively with the help of international organizations, especially the EU. The demand for real estate is constantly increasing. Prices and yields remain attractive by European standards.

Urbanization is a megatrend of the future. It is being driven by increased connectivity. By 2050, more than 60% of the world's population will live in cities. These changes, combined with rapid growth, require new infrastructural planning. More energy-efficient buildings, new transport concepts and the reduction of pollution and waste must be considered. Especially young emerging nations like Serbia are thinking about these trends and are becoming increasingly attractive also for foreign investors in Serbian real estate.

Corona highlights the weaknesses of global supply chains. Large economies like Germany have had to recognize their great dependence on complex supply links with non-European countries like China. Entire industries have had supply and production problems due to their great dependence on China. Especially for industrialized nations like Germany, these experiences have led them to increasingly look to other regions and countries.