ARTICLES LABELLED WITH TAG mbl
20
Jul
2023
Jul
2023
Sofia’s industrial market thrives in H1 2023
Sofia has experienced steady growth in its industrial space market during the first half of 2023. With a total stock of over 4.0 million sqm of ready-to-use space and an additional 252,000 sqm under construction, the city is witnessing an upward trend. These findings are part of the latest industrial report, issued by the real estate company MBL.
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13
Jul
2023
Jul
2023
Sofia's office market shows steady growth in Q2 2023
Sofia's office market faces shifting demand and moderating construction, according to a report by the real estate company MBL for the second quarter of 2023. Changing work patterns and preferences for hybrid models have raised concerns about the future demand for office space. The capital's vacancy rates decreased slightly, while rental rates remained stable. Investors are approaching the market with caution due to inflation and remote work practices. Despite the moderate activity, there is a potential for modern, well-located office spaces to attract higher occupancy and investment interest.
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Latest news
- Panattoni starts industrial project in Prague
- Europe looks more attractive to investors compared to US
- Arcona Capital and Reino Group launch pan-European investment platform
- 7R signs first Czech lease with GXO for entire Lavičky park
- Solida Capital enters Romanian resi market
- SquarePlan secures new funding, takes total to $3 million
- Resilient returns are getting harder to find
- BSH relocates factory to Panattoni site near Rzeszów
- Poland's commercial deal volume soars to €2.3 billion on five months
- CHS – Immobilien sells logistics complex near Prague
New leases
- Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
- International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.
- Speedwell has secured four new medical tenants for its Paltim mixed-use urban project in Timișoara. Colegiul Medicilor Stomatologi - Filiala Timiș has leased approximately 105 sqm, with an opening scheduled for November 2026. Concurrently, Paul Bold Dental Solutions will open a 143 sqm dental clinic in November 2026. Ophthalmology clinic ArtVision Med & Sofilens Lux has occupied 172 sqm since January 2026. Lastly, Ziva, a dermatology, aesthetics, and gynaecology clinic, has taken 92 sqm and will officially open in July 2026.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- 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.
