21 High Class Sofia Office Buildings
The high class office projects in Sofia are currently 21 with total office premise to be available being 361 350 sq.m. In the first half of the year, the available office premises of the highest class AA increased with 2 % and their total area reached 1 723 500 sq.m The completed office projects added 37 000 sq.m more to the already available office premises in Sofia. Great part of these new office area was added by the Infinity Tower on Bulgaria Blvd. which added 22 000 sq.m.
The main characteristics of such office projects include high quality of implementation and excellent technical specifications, great location with easy access to all parts of the city, public transport access, and effective distribution of the office area. In the first months of the year up to now no new projects have started. During that period the existing office premises have been rented to companies. The total area of the office projects that are currently being in construction amounts to 150 000 sq.m. The rented offices in Sofia of class A and B from the beginning of the year until now amount to 46 000 sq.m, which is 14 % more than the second half of 2013. It is expected the rented office premises to go above the levels in 2013. More than 70 % of the rented offices in 2014 were taken by shared services centers and outsourcing companies. The rent of offices in Sofia varies from 10.5 to 13 Euro/sq.m.