CEE’s largest office park begins a major transformation

17
May
2023
News - CEE’s largest office park begins a major transformation #Bulgaria #Business Park Sofia #office #renovation #SEE #Sofia

by Property Forum | Office

The largest office complex in Central and Eastern Europe – Business Park Sofia, started its long-term transformation into a greener and more active urban space that offers complete experiences, recreation, and culture to its residents and guests.


The change responds to the need for more quality, modern, and vibrant urban spaces in Sofia and aspires to create a good example in line with the global trends for sustainable and inclusive urban development. A partner in the long-term transformation is the team of urban activists from the Collective Foundation, who plan various collaborations between experts, artists, and citizens to develop the park and its surroundings, create new green and active public spaces, and attract more visitors and citizens from all over Sofia.

The business park employs over a thousand people, and more than 100 thousand residents of Sofia live around it in the district of Mladost, which is the youngest neighbourhood of the capital city.

The majority of the tenants and occupants of the offices and surrounding areas agree that they support the transformation of the Business Park and would like to see more green spaces for outdoor work, and more diverse events, sports, and culture. Based on the feedback from interviews and surveys, the team is developing a new plan for the office complex, with more greenery, outdoor venues, new art venues, and a huge rooftop area for dining, recreation, and events.

Historically, Business Park Sofia has been the largest business area in the Balkans since 2001. The complex includes 15 Class A buildings on a terrain of 220,000 sqm with a total built-up area of 300,000 sqn, employing over 10,000 people from many international companies




Latest news


New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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