Serious demand for High-Quality Office Premises

The supply of high-quality office premises in Sofia has increased with more than 5 % in the last six months, reaching approximately 1 900 000 sq.m. This became possible as the new offices of 79 500 sq.m. of Capital Ford business center were added to the number of the available offices in the capital Sofia. The offices of class A that are on demand are usually rented by international companies working in the sphere of services, real estate, IT, outsourcing and pharmaceutical sphere.

The prognosis on the office market sector are for stable and serious demand for offices of the highest quality in Sofia for the year ahead. The rental levels of the office premises vary between 12 and 14 Euro/sq.m depending on the location and the available facilities. The interest towards Sofia and Bulgaria in general on the part of the companies and investors is quite serious. In the next two years, the offices in Bulgaria that are planned to be constructed are as follows – 80 000 sq.m in 2016 and 240 000 sq.m in 2017.