Location: Sofia, Lomsko shosse Blvd. Leasable area: approx. 41,000 sq.m. Total built-up area: 42,000 sq.m .SOW 1 – approx. 41,000 sq.mAccessibility and infrastructure:CTPark Sofia West provides for a prime location for production and logistics companies looking for a convenient connection to Struma Highway to Greece and Northern Macedonia, and to Europa Highway to Serbia and Western Europe, respectively. In terms …
RETAIL PARK PERNIK PLAZA
Town: Pernik Location: Str. Jurii Gagarin №2A Building type: Retail Park Pernik Plaza Leasable area: approx. 15,400 sq.m. Total built-up area: 15,500 sq.m. Floor layout: All commercial premises are located on the ground floor. Parking spaces: 387 for vehicles; 79 for bikes. Project description:Pernik Plaza Retail Park opened its doors on October 27, 2022, and is the first retail park …
Varna Mall
City: Varna Location: 186 Vladislav Varnenchik Blvd. Building type: Shopping center Leased area: 31,023 sq.m., of which 26,952 sq.m. retail space and 4,048 sq.m. offices. Total built-up area: 65,470 sq.m. Floor distribution: Commercial areas are located on four levels – ground floor, first, second and third floor. The offices are “open space” and are located from 2nd to 4th floor. Parking spaces: 3 Underground parking …
BalREc Real Estate Market Conference
On October 26, 2021. BalREc real estate market conference was held. The event provided an opportunity for leading market participants to meet and discuss current trends in the industry. Leading investors, financial institutions, consultants, project managers, law firms and other experts involved in the largest projects and deals in the sector participated in the focus panels and sessions of this …
The pandemic is leading to a boom in demand for warehouse space in Southeast Europe
Logistics and warehousing companies are accelerating their expansion plans in Southeast Europe, where business is expected to grow strongly as the pandemic forces industrial companies to move operations close to major markets. Like other companies in the sector, the Dutch Raben reports increased interest from companies that want to establish supply chains near major markets in Western Europe to avoid …
The home office and the volatile economy affect office rents
Relocations and renovations dominate rental transactions due to the companies’ desire to consolidate and optimize their spaces. In the first half of the year, 39% of the gross leased space was due to relocations, 37% to contract renewals, 10% to the lease of space at the “under construction” stage and 10% to the expansion of existing companies. Only 4% of …
Rental control is becoming an increasingly polarizing issue in Europe
Rental controls are becoming increasingly popular in many European countries, but experts note that this rarely solves housing crises and may even lead to fear among investors. Rental control is a government policy, whether local or national, that aims to curb rising house prices. This policy aims to keep housing affordable, at least for the most vulnerable sections of the …
Demand outstrips supply to residences in Sofia
The supply of residences in the medium and high segment decreases, and demand grows, this leads to higher prices. The tendency to reduce the number of projects starting construction since the beginning of the pandemic continues. Supply may be further reduced, as rising construction material prices may postpone some of the planned construction projects in 2021 to next year. At …
I TOWER
City: SofiаLocation: Center; the main accessibility is through Hristo Botev Blvd.; the second access is from Positano StreetPublic transport: Tram 10,8,4,5; in the immediate vicinity are two (2) metro stationsLeased area:>> 8 897 m2 Offices leasable areaTotal built-up area / total area: 67,994 sq. m.Floor layout: 3 underground floors (including 1 partially underground floor), 30 above-ground floorsParking spaces: 235Project description:Multifunctional building, which includes Hotel part – …
ALPHA BUSINESS CENTER
City: SofiaLocation: 4 Racho Petkov Kazandzhiyata StrPublic transport: Bus lines 76,111Building type: Office centerLeasable area: 10,812 sq.m.Total built-up area: 15,812sq.m.Floor layout: seven above-ground floors and two undergroundParking spaces: 117 Project description:The building consists of a shop and an office part, which are detached as separate areas with separate entrances and infrastructure. The shops are located on the first and second …