ARTICLES LABELLED WITH TAG bulgaria

News - Kaufland opens its first retail park in Bulgaria
12
Apr
2023

Kaufland opens its first retail park in Bulgaria

by Property Forum
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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News - Bulgarian Real Estate Fund hands over office building in Sofia
07
Apr
2023

Bulgarian Real Estate Fund hands over office building in Sofia

by Property Forum
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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News - Everty buys office building in Sofia
05
Apr
2023

Everty buys office building in Sofia

by Property Forum
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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News - Properties in Sofia remain among the cheapest in Europe
05
Apr
2023

Properties in Sofia remain among the cheapest in Europe

by Property Forum
Properties in Sofia rank relatively cheap compared to other major cities in Europe. The Bulgarian capital is taking the last place in rankings by average price and the market has opportunities to grow. The opinion was expressed by Thomas Stanishev, Director of Galardo Real Estate, in an interview for the show "Club Investor'' of Bloomberg TV Bulgaria  
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News - Delta Planet Mall in Varna invests in rooftop solar installation
03
Apr
2023

Delta Planet Mall in Varna invests in rooftop solar installation

by Property Forum
In March 2023, the Delta Planet Mall retail centre, located in Varna, Bulgaria, inaugurated an innovative photovoltaic solar installation. The investment of nearly €500,000 (BGN 1 million) covers the construction of 1,029 solar panels with a total capacity of 556 kW.
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News - Bulgaria’s investment market is reaching its pre-pandemic levels
31
Mar
2023

Bulgaria’s investment market is reaching its pre-pandemic levels

by Property Forum
After the start of the pandemic in 2020, and its surge in 2021, the past 12 months have brought renewed market activity in an attempt to offset the previous slowdown. The retail sector, construction, and the IT sector managed to avoid the recession and maintain their position as the least affected industries by the pandemic. The investment market in Bulgaria for the second half of 2022 recorded twice as high activity in terms of volume as in H1 2022, according to the Sofia City Report by JLL with the support of IPC Partners Bulgaria and Avalant. Foreign investors are less cautious to expand to unload their cash given the limited amount of opportunities.
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News - Bulgaria ranks sixth in Europe in proptech solutions
22
Mar
2023

Bulgaria ranks sixth in Europe in proptech solutions

by Property Forum
With 240 PropTech solutions at the beginning of 2023, the country is among the leaders in Europe in the field of smart cities, smart buildings, smart homes and water management.
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News - Office building in Plovdiv secures LEED certificate
20
Mar
2023

Office building in Plovdiv secures LEED certificate

by Property Forum
Office Park Plovdiv has become the first office building with a Gold LEED Certificate for sustainable construction in the city.
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News - Kaufland adds new PV panels on top of stores in Bulgaria
17
Mar
2023

Kaufland adds new PV panels on top of stores in Bulgaria

by Property Forum
The hypermarket chain has switched on 420 kWp of rooftop solar panels, bringing the total number of facilities to six. The two new sites are located in the southern city of Petrich and in the capital's Mladost 4 district. By the end of the ear, the retail leader plans to put into operation three more photovoltaic installations.
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News - Glavbolgarstroy invests €6 mіllіоn in new concrete factory near Pazardjik
14
Mar
2023

Glavbolgarstroy invests €6 mіllіоn in new concrete factory near Pazardjik

by Property Forum
Glavbolgarstroy has inaugurated a fасtоrу for  pre-stressed reinforced concrete structures near Раzаrdzhіk, Bulgaria. The newly–opened plant provides 63 jobs, with a capacity of 80,000–140,000 square metres of built–up area per year, and a wide selection of frame construction schemes. The іnvеѕtmеnt amounts €6 mіllіоn (ВGN 10 mіllіоn).
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Latest news


New leases

  • Intersport is set to expand its Romanian footprint by opening its largest store within the Iulius network at the Rivus urban regeneration project, which is under development in Cluj. Spanning more than 1,000 sqm, the new location will serve as a flagship store.
  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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