Sofia offices: on demand in the real estate segment today

The real estate market in Sofia is stable and the years of the crises are behind. Currently, there is a serious demand for offices in Sofia of the highest class A. At the moment the office premises that are provided and the search for such premises are balanced. Most of the international companies are oriented towards offices of class A. Yet, in the recent years not many such high-class business centers have been constructed. Namely, last yeat only 34 000 sq.m of offices from class A and B have been completed. Since there has been stable interest in the offices of class A, the number of the available offices of that class has dropped significantly.

The real estate professionals say that the companies looking to outsource their business in Sofia are searching for office premises in Sofia in the main business destinations, near the main boulevards and close to the airport. The business centers in these parts of Sofia are provoking great interest on the side of the companies and the offices there are being rented fast. The areas that are in the prime zone of interest for the managers of the international companies include the boulevards “Bulgaria”, “Dragan Tsankov” and “Tsarigradsko Schouuse”. The companies which are interested in renting offices in Sofia are from the outsourcing and the IT sector. These companies have high requirements towards the location, the security and the good infrastructure of the area.