ARTICLES LABELLED WITH TAG Sofia

News Bulgarian retail market shows extremely strong recovery
13
Sep
2022

Bulgarian retail market shows extremely strong recovery

by Property Forum
Revetas Capital announced a 29% increase in turnovers and an 18% increase in footfall for the first 8 months at Park Center Sofia, Bulgaria, compared to the same period in 2021.
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News Low office supply will lead to higher rental levels
08
Jul
2022

Low office supply will lead to higher rental levels

by Property Forum
Tanya Kosseva-Boshova, Managing Partner, Lion’s Head Romania and Bulgaria, spoke to Property Forum about the leasing environment for offices and new investments made by the developer in the co-working space.
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News SAP acquires Sofia office building for €49 million
11
Oct
2021

SAP acquires Sofia office building for €49 million

by Property Forum
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
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News W&L to deliver four warehouse buildings in Sofia
19
May
2021

W&L to deliver four warehouse buildings in Sofia

by Property Forum
Developer Warehousing & Logistics EOOD (W&L) has begun the construction of the newest industrial park in Bulgaria, called Logistics Park Sofia (LPS). The park is located about 8 km from the capital Sofia. W&L is planning to build 4 warehouse buildings in the complex which will span more than 116,000 sqm of industrial and office space that will be available to potential tenants. So far this is the first Bulgarian logistics park with such a high concentration of industrial space.
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News Knight Frank opens office in Sofia
19
May
2021

Knight Frank opens office in Sofia

by Property Forum
Knight Frank has formally opened a dedicated office in Sofia, becoming a fully branded Knight Frank business from May 2021.
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News Many tenants continue to provide desks for 100% of employees
19
Mar
2021

Many tenants continue to provide desks for 100% of employees

by Ákos Budai
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.
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News Bulgaria’s investment market showed resilience in 2021
17
Mar
2021

Bulgaria’s investment market showed resilience in 2021

by Property Forum
The activity on the Bulgarian real estate market was strongly affected by the COVID-19 crisis, but we saw more resilience for the investment and industrial sectors which registered both an increase during the last year. For 2021, the forecasts are still positive for the investment property market and for the industrial development sector, according to the Sofia City Report H2 2020, released by JLL Romania with the support of IPC Partners Bulgaria.
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News Sofia’s commercial property market registers weaker demand
01
Oct
2020

Sofia’s commercial property market registers weaker demand

by Property Forum
JLL announced the first edition of the Sofia City Report, a semiannual publication which provides a detailed view of specific real estate markets in Sofia: office, retail and warehouses. It offers information on the economic situation in Bulgaria, including the investment climate. The report was made with the support of IPC Partners Bulgaria.
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News Demand slows down on Sofia’s office market
17
Aug
2020

Demand slows down on Sofia’s office market

by Property Forum
In the first half of 2020, the supply of modern class A, B and C office space in Sofia increased by 1%, reaching 2,315,600 sqm, according to Colliers International. The recently completed building 3 of Garitage Park accounted for much of the growth in the office stock.
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News OTP Bank provides €25 million loan for Sofia office project
20
Jul
2020

OTP Bank provides €25 million loan for Sofia office project

by Property Forum
Law firm Kinstellar has successfully represented OTP Bank and its Bulgarian subsidiary, DSK Bank, in negotiating a €25 million loan for the construction and operation of Balkan Business Center, a major office complex in Sofia.
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Latest news


New leases

  • Samsung R&D Institute Poland has extended the lease agreement for its office space in Warsaw Spire. During the negotiation process, the tenant was advised by a team of experts from JLL.
  • The Ministry of Sport and Tourism has leased a space of over 600 sqm in the Królewska Centre at 142 Marszałkowska St. It is an A-class building located in the centre of Warsaw, opposite the Saski Garden. The lease transaction was brokered by Brochocki Law Firm.
  • Two new tenants have joined Galeria Echo in Kielce, owned by EPP. Dealz chain shop has leased a unit of nearly 580 sqm. The retail space of the Carrefour hypermarket is more than 4,500 sqm.

New appointments

  • JLL in Prague announces the appointment of Milan Kilik as its new Head of Office Agency for the Czech Republic as of beginning of October 2022.
  • Agnieszka Boroń has joined Equilis Poland to take up the post of Development Director. She has worked in the construction and development industry for over 20 years, specialising in residential project management. Prior to joining Equilis Poland, she was programme director at Nexity. Prior to that, she worked in managerial positions at Dom Development.
  • Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.


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