Real estate prices in Belgrade have increased by as much as 80% since 2016, while in Montenegro, some accommodation prices have tripled thanks to the development of luxury hotels. These figures opened up key topics and questions at this year’s RED Conference in Podgorica: where and what should we invest in today, when stability and long-term value matter more than ever?
Transformation of the market: The role of the hospitality sector in modern mixed-use projects
The conclusion of the panel was clear: hospitality can no longer be viewed separately from the real estate sector, and mixed-use projects, which combine residential, business, and hospitality functions – are exactly what regional markets need most. This view was further reinforced by the presentation of the Delta District project by Miloš Grdinić, MRICS, Director of Development and Asset Management in our company.
Grdinić presented Delta District as a completely new concept of living that combines luxury, sustainability, and five-star hotel service – InterContinental Belgrade – available to residents as well.
“Delta District is not just a space – it is an entirely new value for Belgrade and the whole region. We have created a place that offers security, prestige, and a lifestyle that was previously reserved for metropolises such as London, Dubai, or Vienna,” Grdinić emphasized at the panel.
Amenities That Shape a Luxurious and Private Life in the Delta District
Delta District offers a carefully designed balance between luxurious everyday living and long-term investment value. Within this unique complex, luxury residential apartments, top-tier Class A office spaces, and a prestigious hotel with exclusive services available to residents are seamlessly integrated. Amenities such as a concierge, private cinema, modern gym, children’s playroom, green oases, and private parks – all situated at one of the most attractive locations in Belgrade.
In addition to the Delta District, a new project in Novi Sad was also presented – Delta Iron, a business complex currently under development, which will further strengthen the real estate market in Vojvodina. In Belgrade, another project is being prepared – Delta Land, a new mixed-use residential and commercial complex that continues our company’s ambitious investments in the domestic market.
The RED Conference, held on May 15 and 16 at the Hilton Hotel in Podgorica, brought together leading experts, investors, and representatives of development companies from the region and around the world. The program highlighted key directions in the development of the real estate market – from rising prices and shifting investment strategies to the importance of sustainability and the integration of various functions within unique urban units.
