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

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


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