What is new on the Sofia office market

The office market in Sofia has been quiet in the recent years, however since last year there are optimistic signals, according to the real estate agents who have specialized in office sales. The number of office premises in Sofia that have been rented by companies which have outsourced their business in Bulgaria is increasing now. The total office premises that have been rented in 2013 for example, has reached 116 300 sq.m. The realtors state that 60 % of all deals with offices on the market in 2013 have become a fact due to the expansion and relocation of different companies to larger offices.

Which are the companies that are in search of more spacious offices in Sofia? These are new and existing companies on the Bulgarian market that have outsourced their business from abroad. These are mainly international companies from the IT industry, as well as companies dealing with data processing, financial activities, human resources, etc. The interest of the foreign companies in the office buildings of class A in Sofia provoked the start and completion of successful office centers in Sofia, which are equipped and are in the position to offer all facilities that the managers and the employees in these companies require.