Park Lane Developments and Mitiska REIM have purchased a second plot of land in Sofia’s Nadezhda district to develop a new retail park.

Mitiska REIM has rolled out a joint venture (JV) with Park Lane Developments for the development of retail parks in Bulgaria. 

AG Capital has announced that Park Lane Developments, its commercial development company, broke ground on its latest project – the AYA Business Centre in Sofia. The building is planned to become the new home for MFG (Management Financial Group). 

SAP is acquiring the newly built Class A office building Park Lane Office Center in Sofia for €49 million. The purchase price is equivalent to a 7.5% asset yield. This is the largest investment deal on the Bulgarian office property market so far in 2021

Office space will continue to shape the company culture and will have a great impact on the collaboration process and the dynamic of decision-making, says Tanya Kosseva-Boshova MRICS, Managing Partner of Park Lane Developments who talked to Property Forum about the company’s development plans and shared her expectations about the future of offices.