The type of companies interested in the Sofia offices

The reports of the leading real estate agents show a tendency of increased number of rented offices in Sofia. The Sofia rented office premises increased with 12% and most of the offices were rented by companies working in the IT and the outsourcing sphere. It seems that the property market is recovering and it all started with the office market. The total number of the rented office premises in Sofia has recently exceeded 100 thousand sq.m, which happened for the first time since the start of the global financial crises.

The players on the property market, which are showing interest in the modern office buildings in Sofia are local and international companies. These companies are working mainly in the IT sphere and in the outsourcing sector and they make 40 % of all the companies that are currently renting offices in Sofia city. Since the beginning of 2014 the number of the available office premises in Sofia in the top ten business centers has decreased with 7.5 %. The prognosis are for 60 000 sq.m of office premises of class A in Sofia to be completed by the end of 2014. However, since the companies looking to rent offices in Sofia are quite active, the number of the available office premises will not increase permanently.