New Managing Director of Colliers International Serbia

Belgrade, Serbia and Montenegro, January 23, 2008 --(PR.com)-- Colliers International Serbia, the leading international property consultancy in Serbia, has announced that it has a new Managing Director. Jovica Jakovac is promoted from General Manager to fill the vacant position.

Colliers International Serbia was the first international property consultancy to enter the Serbian market after the political changes of November 2000. Its projects include such landmark achievements as Serbia’s first business park, Airport City Belgrade, and Serbia’s first international shopping mall, Delta City.

As General Manager, Jovica Jakovac has achieved a position of unquestioned market leadership for Colliers International Serbia and overseen a major expansion program.

Jovica Jakovac is a Political Science & Economy graduate of Temple University in Pennsylvania, USA. His previous engagement includes leading positions in large retail chains in the United States and the state of Pennsylvania public services. He joined Colliers in 2005.

Jovica Jakovac, Managing Director of Colliers International Serbia, said, “I am naturally delighted to have been recognized like this, but I would also like to pay tribute to my team and their fantastic achievements. We have the finest group of professionals in the country working for us and I know that our clients appreciate them as much as I do.”

Philip Bay, Regional Director, Colliers International Southeast Europe, concluded, “Jovica has done a wonderful job of navigating us through some difficult waters and it is right that he is rewarded with this promotion. I look forward to Colliers International Serbia building on its successes with even greater achievements under his leadership.”

Colliers International Southeast Europe was named Property Consultant of the Year for the region for the second straight year in 2007.

Colliers International is the largest real estate advisory firm in Southeast Europe.

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