The tenants of the Sofia offices

The market of Sofia offices is stable and is expected to remain so in the year ahead of us. The companies that are renting offices in Sofia have their preferences of the location and size, which depends on the sphere of work and the number of their employees. In general the companies that are opening offices in Sofia are looking for central location, in case they plan to employee several people only. These small companies are looking for offices with size between 250 and 300 sq.m. In general these are consulting companies, lawyers and notary offices.

The larger companies from the outsourcing sphere which are planning to open their offices in Sofia or to relocate to a new office thanks to their expansion include offices from the IT, pharmaceutical and telecommunication business. These companies are in search of large and spacious offices in Sofia outside the city center. At the same time there are a few office buildings in the center which do not catch the eye of the companies. This is so as they are located I areas with no parking zone and difficult access or because they come with high rental prices.

Many companies that already have offices in Sofia are planning to rent additional premises or to move to other business centers with more room and potential, as well as with better facilities. This is expected to be the trend of the Sofia office market in 2014. According to the real estate agents, the Bulgarian office market will be strongly influenced by the outsourcing processes and the fact that many companies are now moving their businesses from Asia into Europe.