ARTICLES LABELLED WITH TAG bulgaria
10
May
2023
May
2023
Bulgaria reports growing number of newly built houses
According to preliminary data from the National Statistical Institute, the number of newly built residential buildings in the first quarter of 2023 was 1 289, and the number of newly built dwellings was 4,427.
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03
May
2023
May
2023
Avalant Bulgaria launches new department
Stanimir Yordanov is the newly appointed Head of the Design and Project Management Department at Avalant. The company launched its new service in mid-April 2023.
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02
May
2023
May
2023
Sofia’s residential market enters a recession
Ѕоfіа hаѕ ѕееn а dесlіnе іn thе numbеr оf residential trаnѕасtіоnѕ fоr a thіrd соnѕесutіvе quаrtеr. According to the latest data from the National Statistical Institute for the first quarter of the year, property sales in the capital shrank annually by 12.2% and reached 6381.
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28
Apr
2023
Apr
2023
Billa Bulgaria to invest €14 million in 12 new stores
Billa Bulgaria announced an investment of BGN 28 million (around €14 million) to open 12 new stores in the country and create 250 new jobs.
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26
Apr
2023
Apr
2023
IWG expands its presence in Bulgaria
International Workplace Group has announced two new locations in Sofia. This brings their portfolio to fifth workspaces in the capital, seven in Bulgaria. One of the locations is at the European Trade Center and the other is the Regus Labirint Center in the Lyulin district
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24
Apr
2023
Apr
2023
Sofia ranks among the most expensive cities for construction in Europe
Geneva has overtaken London at this year's edition of Arcadis International Construction Costs Index 2023. The report 'New Horizons'' covers 100 cities. The index is based on a survey of construction costs which covers 20 building functions.
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19
Apr
2023
Apr
2023
Malteries Soufflet to build new €56 million production site in Bulgaria
Bulgarian malt producer Malteries Soufflet, one of the world's three leading operators in the malt industry and a subsidiary of the European agricultural group InVivo, will invest €56 million in constructing a new malt plant near the city of Pleven.
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12
Apr
2023
Apr
2023
Kaufland opens its first retail park in Bulgaria
Situated in the southwestern city of Sandanski, Kaufland’s first Bulgarian retail park spans over 5,000 sqm. The German retail chain invested over BGN 2 million ( €1 million) in the outdoor retail area, the company said in a press release.
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07
Apr
2023
Apr
2023
Bulgarian Real Estate Fund hands over office building in Sofia
Bulgarian Real Estate Fund (BREF) officially opened the Synergy Tower business building in Sofia, economy.bg reports. The investment is around €40 million. The first tenants of the building are Robert Bosch Bulgaria, Software AG, and INSAIT (Institute for Computer Science, Artificial Intelligence and Technology).
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05
Apr
2023
Apr
2023
Everty buys office building in Sofia
With the acquisition of Sofia Office Center, strategically located on the Tsarigradsko Shose – the city’s largest boulevard, international real estate investor Everty is expanding towards Sofia’s southeastern quadrant.
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Latest news
- Faedra Group launches three new residential projects in Budapest
- Colliers cuts emissions by 32% in sustainability push
- Panattoni starts 132,000 sqm Bytom project
- iO Partners wins Bratislava office leasing mandate
- Bucharest resi market continues to face pressure on product availability
- Hybrid working models become permanent workplace fixture
- High prices mean subsidised loans can't revive Hungary's housing market
- Summus Capital acquires office building in Kraków
- Portico buys two Mega Image stores in Ploiești
- GTC delivers strong Q1 2026 growth with 7% revenue rise
New leases
- Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
- Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
- DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.
New appointments
- 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.
- Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
