Over of land is currently under construction in New Belgrade, with the value of planned construction over the next three years estimated at over 1.5 billion euros. The Belgrade Stock Exchange is also located in New Belgrade, and has a market capitalisation of €6.5 billion (US$7.1 billion). With 6,924 companies in the IT sector (), Belgrade is one of the foremost information technology hubs in Southeast Europe. Microsoft's 'Development Center Serbia', located in Belgrade was, at the time of its establishment, the fifth such programme on the globe. Many global IT companies choose Belgrade as their European or regional centre of operations, such as Asus, Intel, Dell, Huawei, Nutanix, NCR etc. The most famous Belgrade IT startups, among others, are Nordeus, ComTrade Group, MicroE, FishingBooker, and Endava. IT facilities in the city include the Mihajlo Pupin Institute and the ILR, as well as the brand-new IT Park Zvezdara. Many prominent IT innovators began their careers in Belgrade, including Voja Antonić and Veselin Jevrosimović. In September 2013, the average Belgrade monthly salary stood at 53,564 RSD ($635) in net terms, with the gross equivalent at 73,970 RSD ($877). The 2013 Annual Economist Intelligence Unit Survey ranked Belgrade the 86th most expensive out of 131 world cities. According to the 2015 Survey, 73% of the city's households owned a computer, 65.8% had a broadband internet connection and 73.9% had pay television services. According Cushman & Wakefield, Knez Mihajlova street is 36th most expensive retail street in the world in terms of renting commercial space. Long cut off from the international movements, Belgrade is a hub for contemporary art in Europe once again. According to BBC, Belgrade is one of five most creative cities in the world. Belgrade hosts many annual international cultural events, including the Film Festival, Theatre Festival, Summer Festival, BEMUS, Belgrade Early Music Festival, Book Fair, Eurovision Song Contest 2008, and the Beer Fest. The Nobel Prize winning author Ivo Andrić wrote his most famous work, The Bridge on the Drina, in Belgrade. Other prominent Belgrade authors include Branislav Nušić, Miloš Crnjanski, Borislav Pekić, Milorad Pavić and Meša Selimović.