The hottest Sofia office zone

Mina Boycheva 17/04/2013

The office market in Sofia is driven mainly by the international companies that have moved their business in the capital of Bulgaria. These companies are looking for high-quality office premises that are positioned in office and business centers of class A that are characterized with excellent characteristics, many facilities and good location that allows for an easy access. The top office buildings of the highest class in Sofia take not more than 20 % of the entire number of available office premises and their total sq.m. coverage is around 330 000 sq.m. However, these are the office premises that provoke the interest of the big companies and usually the 90 % of the office premises in the business buildings of class A are rented.

The new office centers that opened in 2012 are mainly concentrated in the eastern and southern areas of Sofia city, with the focus being set on Bulgaria Blvd.

The new office centers that opened in 2012 are mainly concentrated in the eastern and southern areas of Sofia city, with the focus being set on Bulgaria Blvd. As we have pointed out in many of our previous articles, the office buildings that provoke the attention now are the office zone of Bulgaria Bvd. With its 30 000 sq.m. of rental premises, followed by Vrtigo Business Center with it 18 000 sq.m. of area. The zone along Bulgaria Blvd. is moder and easily accessible, close to the city center and near many facilities, which increases the interest of the companies that are looking to relocate or to settle their first office in Sofia. The prognosis in front of Sofia city office market is for a stable year ahead with 12 Euro per sq.m average price for the offices in the center of Sofia and 9 Euro/sq.m for the offices in the suburbs of the city.

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