ARTICLES LABELLED WITH TAG Bulgaria

27
Jun
2019

F&B sector set to grow in Bulgaria

by Property Forum
The share of food & beverages in modern shopping centres in Sofia is two to three times below the European benchmark, according to the latest report by Colliers International. From 5% a decade ago, it grew to 10-15% of GLA in European cities in present times and is forecasted to reach 20% by 2025. The share of F&B in Sofia shopping centres is about 6% or 20,000 sqm of the total space.
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24
May
2019

Hungarian and Czech markets remain global leaders in market sentiment

by Ákos Budai
According to the RICS Commercial Property Monitor, Hungary has the strongest occupier sentiment and the Czech Republic has the strongest investment sentiment among the 40 countries surveyed in Q1 2019. Market expectations remained fairly positive across Central and Eastern Europe in the first quarter of the year, with the share of those stating that we have reached the peak of current property cycle decreasing compared to previous quarters.
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14
Mar
2019

More market players consider CEE property to be expensive

by Ákos Budai
Investment market momentum is still firmly positive across Central and Eastern Europe but an increasing share of market players feel that commercial property has become expensive in the countries surveyed by the RICS Commercial Property Monitor. Although the majority of the survey’s contributors believe that the market is in the peak phase of the property cycle, growth is set to continue in the coming year.
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17
Jan
2019

EBRD appoints new director for Romania and Bulgaria

by Property Forum
Mark Davis has been appointed the new EBRD Regional Director for Romania and Bulgaria and will assume his new role in Bucharest on 1 April 2019. Mr Davis follows Matteo Patrone who has become Managing Director for Eastern Europe and the Caucasus.
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17
Jan
2019

Period of stability on Bulgaria’s property market

by Property Forum
Stable rents and yields unscathed by increasing supply of office and industrial space – this is what Cushman & Wakefield Forton expects to see on the Bulgarian commercial property market in 2019, according to the company’s latest forecast.
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13
Dec
2018

The Czech Republic is peaking but it still leads the way in market sentiment

by Property Forum
Market sentiment remains positive across Central and Eastern Europe, according to the RICS Commercial Property Monitor. Strong demand from tenants and investors persists in almost all market segments but the number of signs that some markets have reached their peak continues to grow.
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06
Dec
2018

Bulgaria's BREF receives permit for Sofia office building

by Property Forum
Bulgarian Real Estate Fund received permission for the construction of a new building in the state-owned Science and Technology Park in Sofia.
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25
Oct
2018

New shopping centre to open in Plovdiv

by Property Forum
Bulgarian shopping mall Plovdiv Plaza will reopen its doors in November following an extensive renovation. The shopping centre will have a total retail area of 35,000 sqm.
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13
Sep
2018

Hystead buys Sofia hypermarket for €23 million

by Property Forum
South African real estate investment trust Hyprop Investments has acquired a hypermarket adjacent to its shopping centre The Mall in the Bulgarian capital for €23 million back in June.
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18
Jul
2018

BREF to invest €33 million in Sofia Tech Park office building

by Property Forum
Bulgarian Real Estate Fund plans to invest €33 million in the construction of an office building in state-owned Sofia Tech Park. At first, the project will be financed with the proceeds from the company's planned capital increase, while at a later stage the construction works will be financed through loan financing.
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