New investors on the Sofia office market
Realtors from leading real estate agencies in Bulgaria confirmed that the interest towards the rental and sale of offices in Sofia is increasing. The investments made in the region of Central and Eastern Europe are getting more serious and this means that new companies will soon open offices in Sofia. These international companies have excellent reputation and developing business with a lot of potential and naturally they are looking only for the best offices for rent. Will Sofia city be able to offer such office buildings?
In the current year in Sofia city are expected to be completed two very large business centers in Sofia of class A, which will answer to the demand of the investors. These two projects are one of the office towers part of Bulgaria Mall and Capital Fort. There was a pre-launch of the office premises in these two office buildings in Sofia as any new companies have already rented offices there. This is a signal to the realtors that the office market situation in Sofia is improving but also a sign that the number of the available high-quality large office premises in the existing class A office buildings in Sofia is decreasing.
The areas in Sofia city that provoke the interest of the investors and foreign companies that wish to start business in Sofia are placed near the Business Park Sofia, along Tsarigradsko Schousse Blvd. and Bulgaria Blvd. There is still interest in offices in the center of Sofia, but there are not many large office premises available for sale or rent there. The rental levels of the offices of high class in Sofia city remain stable.