News

New brands entering the market

05.05.2016

Restructuring of underperforming malls and changes in the mix of tenants characterized 2015 without new projects. New brands such as CCC and Forever 21 made their debut and are expected to open new stores. In the higher class, Tommy Hilfiger entered with mono-brand stores, Philipp Plane opened a boutique in Sofia.

Other trends in regional centers are the entering of strong brands in the low and middle price segment - H & M opened a store in S Mall in Sliven , Hippoland - in Katina Center in Dobrich , Terra Nova – in Panorama Mall Pleven.

Prime rents in the best performing malls reached 27 euros / sqm in Sofia. Demand for space for pharmacies, drugstores, shops for organic products and etc. raised the prices in commercial streets. On blvd. "Vitosha" they reached 46 euros / sq.m for 100-150 square meters area.

The real estate market in Sofia H2 2024

03.03.2025

Real Estate Market   In 2024, the investment activity in Bulgaria’s commercial real estate market showed an upward trend, with total acquisition volume exceeding EUR 360 million. Technology companies emerged as key players, concluding several significant transactions. Their interest, al...

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Analysis of the real estate market in Sofia - H1 2024

02.09.2024

Investment Market   Total investment volume for H1 2024 reached €78.50 mil, marking a slight increase from €73.95 mil in H1 2023. However, the distribution of transactions shifted notably. The industrial sector dominated, accounting for €71.40 mil, driven by a significant portf...

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Analysis of the business real estate market in Sofia H2 2023

04.03.2024

  Investment Market The cautious behavior seen in investors in H1 2023 continued through H2 as well. The main reason for that seems to be the high cost of financing as interest rates for investors have reached 6.5 – 7.5% which basically melts down the potential return almost entirely. ...

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