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Sofia Office Market in the end of 2015

Mina Boycheva 28/12/2015

In the last 12 months Sofia office market became a witness of several new office building projects emerging on the market. The construction companies became confident enough to start investments in new office buildings due to the great demand for such office premises in Sofia and the stable rental levels.

In the last 12 months Sofia office market became a witness of several new office building projects emerging on the market.

In the capital Sofia has been completed the largest office project for 2015 – Capital Fort and was signed the largest rental deal for 7300 sq.m of office area. In the second half of the year started the construction of the fourth phase of Expo 200 and also the construction of the new project along Tsarigradsko Schousse Blvd . – Bernard Investments. This means that the planned office buildings the construction of which has already started and which will be completed by 2018, reach total area of 450 000 sq.m. The rental levels of Sofia offices remain around 12.5 Euro/sq.m. for the offices of class A.

About the Author

Mina Boycheva
Mina Boycheva is a co-founder and manager of Sofia Offices with 15 years of experience in property management, sales and rentals of real estate properties. Since the beginning of 2016 she directs her energy and focus on the rentals and sales of business properties in Sofia.