Marina Matić has resigned as the director of Sava Properties 2026, a state-owned company that recently acquired over 16 hectares of land from the Belgrade Fair. Matić’s departure, which occurred less than three months after she assumed the role, was announced without any explanation for her resignation. This development has raised questions about the future of the Belgrade Fair site, particularly in light of its potential integration into the controversial ‘Belgrade Waterfront’ project.

Sava Properties 2026 was established in August 2026, with the Serbian government transferring assets valued at approximately 116.5 million euros, including the land and facilities of the Belgrade Fair, into the company’s capital. The company’s headquarters is located at the same address as the ‘Belgrade Waterfront’ project, which has sparked concerns regarding the future use of the Fair’s land. Both entities share the primary business focus of developing construction projects, further fueling speculation about the integration of the Fair’s site into the Waterfront development.

In her resignation letter, Matić expressed her “clear, unequivocal, and free will” to step down from her position, requesting that the president and members of the Assembly take note of her resignation and undertake the necessary legal actions to register the change with the Business Registers Agency. The reasons behind her resignation remain undisclosed, and there is currently no information on who will replace her or how this will affect the future plans for the Belgrade Fair site.

The establishment of Sava Properties 2026 was a significant move by the Serbian government, involving the transfer of substantial real estate assets from the Belgrade Fair. The Fair has been a prominent cultural and economic site in Serbia, with ongoing discussions about its redevelopment under the Belgrade Waterfront initiative. The resignation of Matić adds a layer of uncertainty to these plans, as stakeholders and the public await clarity on the future direction of the project and the management of the Fair’s assets.

The Belgrade Waterfront project, which has been a subject of controversy, is expected to expand onto the Fair’s land, though details on how this will be executed remain unclear. The shared address and business focus between Sava Properties 2026 and the Belgrade Waterfront project have led to concerns that public assets might be utilized for private development purposes, raising questions about transparency and the public interest in the management of these significant assets.

As the situation develops, the Serbian government and relevant stakeholders are likely to face increased scrutiny over the management and future plans for the Belgrade Fair site. The resignation of Matić, coupled with the strategic importance of the Fair’s location, underscores the need for clear communication and decision-making regarding the integration of public assets into private development projects.