Sofia office centers planned carefully

In the last couple of years became clear that the business buildings and office centers in Sofia have been planned carefully, so that to attract the interest of the investors. The good location, the perfect infrastructure and the extras planned in the Sofia offices of class A evoked the interest of the local and foreign companies, who either invested into or rented their office premises in Sofia. This however is not the situation with the tallest business building in Europe – The Shard in London. Recently completed, the new business building that imposed too many expectations has two downfalls – bad location and high rental levels.

The new office building is 310 m high and has 72 floors, but has no many tenants and owners of offices. Currently, the only two tenants are the restaurant on the 32nd floor and the gallery that occupies the last five floors, wherefrom are revealed spectacular views towards the city of London. At the same time however, not a single office from all 26 office floors has been sold. The reasons for that are the high rental level and the economic stagnation, which is valid for the UK just as for the rest of the world. The experts however blame the bad location of The Shard building in London, as it is placed on the southern bank of Thames river, while the rest of the financial institutions are placed on the opposite bank. Thus, careful location planning is important for all office buildings in Sofia and in London alike.