Sofia: the number of the available offices goes down

The number of the available offices in Sofia is going down. There are not many business centers that are under contruction and not many that are planned. In the beginning of the summer in Sofia city were available approximately 290 000 sq.m. of office premises. This is the lowest number of free office zones for rent in the past few years. It should be mentioned that the international companies that want to outsource their business to Sofia city are now looking not only for luxurious and modern offices in Sofia, but also for more spacious office premises with area among 1000 and 1500 sq.m.

In process of construction are approximately 115 000 sq.m. Many office buildings in Sofia have been started but their construction has been put of for several years due to the financial situation during the global crises. These office projects in Sofia are still lacking funding and there are no plans for them to be started soon. Yet, the international companies and many local companies still need to relocate and are in search of modern offices of class A in Sofia. The new offices of class A in Sofia that provoke the interest of the companies that want to outsource their business to Sofia or to relocate include Infinity Tower next to Bulgaria Mall, as well as the new office centers along “Tsarigradsko Schousse” Blvd.