News

Over 200 meter skyscraper will be build on Cherni vrah Blvd. in Sofia

26.01.2017

The project Paradise Tower is part of a shopping complex and is projected to have a "warm" connection with the mall. A total of 55 floors will be build as office, retail and housing. This is the second discussion of the draft expert advice. At the first debate, which took place in late October last year, the project was returned for corrections experts, and traffic analysis. This is another project for a tall building, which negate the plans skyscrapers to be built mainly in the city center. In the center of the capital the high building projects are two - Millennium Center next to NDK and City Tower on Macedonia Square. High-rise building is exported along the Tsarigradsko Shosse Blvd., where in a few years will come across another giant next to Capital Fort. The building already has a building permit. Another tall building in a few years will be built on the ring road of Sofia as part of the project Garitage Park.

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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The real estate market in Sofia H1 2023

11.09.2023

Investment Market There was modest investment activity in the first half of 2023, with most deals focused on the office segment. The cautious behavior from investors can be explained by their expectation of global economic slowdown and a potential increase of NPL”s, which could provide opport...

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