"The Real-estate Investment Fund in Serbia - Refreshment in the Local Real Estate Market" gathering

On 03/07/2014 the gathering  "The real-estate investment fund in Serbia - refreshment in the local real estate market", was held at the Institute of Economic Sciences, organized by the Association of Financial Analysts of Serbia (UFAS) with the support from USAID Business Enabling Project (USAID BEP).

The goal of this meeting was an initiative to create a proper regulatory environment for the establishment and operation of real estate funds in Serbia. Although Serbia has regulations for establishment and operation of these funds, there is missing a key factor - the proper tax treatment (avoidance of double taxation).

The meeting was opened by Mr. Vladimir Pavlovic, Chairman of the UFAS management board  and then Mr. Vladimir Draskovic gave a presentation on "Real-estate investment funds – a novelty at the domestic real estate market." The event was of great interest to the representatives of banks, insurance companies, regulatory bodies and other partakers in the financial system of our country.