Sofia Office Market 2nd Half of 2008The supply of contemporary office real estate in Sofia continues to grow and reached a total inventory of Class A and B office space of 759,000 m2 in the first half of 2008. This marked a moderate 7% increase (equivalent of 54,000 m2) compared to the second half of 2007.
Varna Office Market 2nd Half of 2008The office market in Varna is still in the early stages of development, though it is starting to shape up. While a few years ago there was no stock of Class A or B office space, contemporary office buildings are now emerging.
Sofia Office Market 2nd Half of 2007The total stock of multi-tenant and speculative space continues to grow at a steady pace. The total inventory of Class A and B space amounts to 606,500 m2 with the majority located in the suburban areas. This represents a 10% increase in the first half of 2007.
Sofia Office Market 1st Half of 2007The office real estate market in Sofia continued its rapid development trend from previous years. The inventory of office space is increasing steadily and the total stock of multi-tenant/speculative Class A and B offices is currently estimated at 546,500 m2.
2007 Worldwide Leasing GuidelinesColliers International just published a comprehensive review of leasing real estate practices around the globe.
Sofia Office Market 1st Half of 2006The total multi tenant/speculative and owner-occupied office stock in Sofia has seen impressive growth in the first half of 2006. The office stock in the suburban area increased by 20% in the first half of 2006. The strong absorption is evidenced by a modest vacancy rate of 8% by the end June 2006.
Sofia Office Market 1st Half of 2008The size of the office supply in Sofia continued its upward trend from the past few years and registered 16% growth compared to the middle of the year, adding about 98,000 m2 of office space.
back to top
