Business Park Sofia transforms into mixed-use project

23
Jan
2026
News - Business Park Sofia transforms into mixed-use project #Arco Capital #Bulgaria #Business Park Sofia #CEE #LEED #Mixed-Use #Office #Sustainability #Tomasz Radwanski

by Property Forum | Office

Business Park Sofia, the largest office park in CEE, is undergoing a transformation into a mixed-use destination called The Park District.


The park is owned by Arco Capital, the largest American commercial real estate investor in Bulgaria.

The transformation strategy, developed with global architecture firm Gensler, is being implemented in stages. The first phase focuses on modernising the working environment through interior redesigns, building management system upgrades, and smart technology integration. Most office buildings within the park are LEED certified, reflecting the commitment to sustainability and energy efficiency.

The next phase aims to strengthen the park's position by expanding dining concepts, shared workspaces and green areas to support a more balanced workplace environment. The final stage envisions introducing residential spaces to complete the evolution into a fully integrated mixed-use environment.

"This transformation goes beyond physical renovation," says Tomasz Radwanski, Managing Director of Business Park Sofia. "Our goal is to create a future-ready environment that combines sustainability, design excellence, and a rich service offering, while remaining firmly anchored in our role as a leading office destination."

The renovation cycle is set to be completed this year, with the final two office buildings undergoing upgrades. Business Park Sofia continues to set benchmarks for office developments in the region.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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