New company Sava Properties takes over Belgrade Fair land and halls
Translated from Serbian, summarized and contextualized by DistantNews.
At a glance
- A new state-owned company, Sava Properties 2026, was registered on August 13 to manage over 16 hectares of land and most halls of the Belgrade Fair.
- The company shares an address with Belgrade Waterfront, and its non-monetary capital of 13.64 billion dinars, consisting of fairgrounds and facilities, is being transferred.
- The move follows speculation since mid-2023 that Belgrade Waterfront would expand into the fairgrounds area after the state took ownership.
A new state-owned enterprise, Sava Properties 2026, has been officially registered to manage a significant portion of the Belgrade Fair's assets. The company, established on August 13, took possession of over 16 hectares of land and most of the fair's halls. Notably, Sava Properties 2026 shares its address with the Belgrade Waterfront development company, fueling speculation about future expansion.
The transfer of assets, valued at 13.64 billion dinars, includes numerous parcels of land and various halls, such as halls 7, 10, 11, 12, and 13, along with associated structures. The registration process moved swiftly, with the company being officially established just two weeks after a government decision and six days after its announcement in the Official Gazette. Land registry entries indicating a change in ownership rights for both the land and buildings were already recorded on August 12, the day before the company's official registration.
This development aligns with earlier reports from mid-2023, when the state assumed ownership of the Belgrade Fair's land and facilities. At that time, rumors began circulating about a potential expansion of the Belgrade Waterfront project into the fairgrounds. While the future appearance of a new settlement on the site has been outlined, the specific terms under which the Belgrade Waterfront company will acquire the former fairgrounds property remain unclear.
Originally published by N1 Serbia in Serbian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.