26.01.2016
The office space segment developed well through entire 2015, supported by the establishment of Bulgaria as one of the leading destinations in the outsourcing industry, business process management and information technology sector.
Expansion of existing companies in this market and the entry of new - foreign and domestic, already affects not only the office market in Sofia, but markets in the other cities too. This led to an interest in the residential market because of the new job spaces which were opened in 2015.
Due to the deals this year consulting companies expect even more tangible movement next year. The geographic focus of investors is increasingly expanding and is already close to our country.
During the last year Bulgaria has taken the lead as the best outsourcing destination in Europe in several charts.
In our country more and more companies entering the industry. The number of employees is rapidly increasing.
According to the assessment of the Bulgarian Association currently outsourcing industry employs 24 000 people, and by 2018 they are expected to increase to 60 000. 40% are engaged in software development, as our country is first in Europe of certified IT professionals per capita and third in the world in the same indication.
Expectations are to continue the interest for land with good location. The entrepreneurs are already returning confidence in the market. Their aim are large multifunctional projects which combining different areas - residential, office, retail and others.