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

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.


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