Sofia office market: demand for new office projects

Sofia office market is in real need of new office projects, since the number of the available prime office premises have seriously dropped. According to the real estate experts, the number of the new office projects that are in process of construction during the previous and this year is larger than the number of the completed projects. This makes the realtors optimistic about the future ahead of the office market in Sofia. According to their data, there will be a 15 % increase in the number of the rented offices in Sofia city by the end of 2014.

The construction companies that invest in office premises rely on the outsourcing and the IT sector, since the companies in these spheres enjoy a stable growth trend. The locations that are among the most sought after include the area among “Tsar Boris” Blvd., “Tsarigradsko Schousse” and the ring road. There are to be found a few available plots where new office projects can be constructed. The construction companies are now looking for office projects with special design directed towards energy efficiency, better and healthier work environment, plus useful facilities, technical maintenance and support, plus fast and easy connection to all parts of the Bulgarian capital.