ARTICLES LABELLED WITH TAG Sofia

News Bulgaria races to increase absorption under Resilience and Recovery Plan
21
May
2025

Bulgaria races to increase absorption under Resilience and Recovery Plan

by Property Forum
Bulgaria is in a critical race against the clock to access the remaining €4.32 billion of its €5.69 billion Resilience and Recovery Plan (RRP) grants, with less than 25% of the total funding received so far, according to research by EECFA.
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News TSH Investment takes over Park Center Sofia
13
Feb
2025

TSH Investment takes over Park Center Sofia

by Property Forum
TSH Investment, a joint venture between Bulgarian investment companies Trinity Capital AD and Hus Invest EAD, has purchased shopping mall Park Center Sofia  from Revetas Group, for an undisclosed sum.
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News Revetas Group sells Park Center Sofia to TSH Investment
07
Feb
2025

Revetas Group sells Park Center Sofia to TSH Investment

by Property Forum
Revetas Group has announced the sale of Park Center Sofia shopping center to TSH Investment, a joint venture between Trinity Capital AD and HUS Invest AD, for an undisclosed sum. 
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News Park Lane Developments & Mitiska REIM to develop retail park in Sofia
22
Oct
2024

Park Lane Developments & Mitiska REIM to develop retail park in Sofia

by Property Forum
Park Lane Developments and Mitiska REIM have purchased a second plot of land in Sofia’s Nadezhda district to develop a new retail park.
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News CEOs of EnduroSat and Chaos buy office building in Sofia
21
Aug
2024

CEOs of EnduroSat and Chaos buy office building in Sofia

by Property Forum
Raycho Raychev, Founder and CEO of EnduroSat, and Petar Mitev, CEO of Chaos, have teamed up to purchase an office project in Sofia that previously hosted the HQ of Alpha Bank.
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News Kaufland revives historic market hall in Sofia
27
May
2024

Kaufland revives historic market hall in Sofia

by Property Forum
Kaufland continues to expand in Europe and revitalizations are playing an increasingly central role in this. The integration of existing retail locations and modernization has increased recently in comparison to the construction of new buildings. In the Bulgarian capital Sofia, a very special revitalization has now been completed.
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News Park Lane Developments break ground on new Sofia office project
21
Nov
2023

Park Lane Developments break ground on new Sofia office project

by Property Forum
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). 
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News Bulgaria’s investment market remains stable
15
Aug
2023

Bulgaria’s investment market remains stable

by Property Forum
Bulgaria's real estate market in the first half of 2023 showcased a mix of stability, growth, and adaptability, according to the latest investment market overview from H1 2023, issued by Colliers. The main challenge for commercial real estate remains the ongoing business climate unpredictability.
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News Sofia’s industrial market thrives in H1 2023
20
Jul
2023

Sofia’s industrial market thrives in H1 2023

by Property Forum
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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News Sofia's office market shows steady growth in Q2 2023
13
Jul
2023

Sofia's office market shows steady growth in Q2 2023

by Property Forum
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


New leases

  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.

New appointments

  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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