Bulgaria Logistics & Industrial Market 2nd Half of 2008 New supply on the industrial real estate market in Bulgaria gradually increased in the first six months of 2008. The development is relatively slow caused by bureaucratic delays and the global, financial situation.
Bulgaria Logistics & Industrial Market 2nd Half of 2007Industrial real estate is shaping up as an attractive segment in the eyes of developers. Colliers H2 2007 Logistics & Industrial Market Overview shows that several speculative projects are under construction or in the final stages of planning.
Bulgaria Logistics & Industrial Market 1st Half of 2007The supply of contemporary logistics and industrial facilities in Bulgaria continues to grow and is currently estimated at more than 1,000,000 m2.
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Sofia Office Market 2nd Half of 2008The supply of contemporary office real estate in Sofia continues to grow and reached a total inventory of Class A and B office space of 759,000 m2 in the first half of 2008. This marked a moderate 7% increase (equivalent of 54,000 m2) compared to the second half of 2007.
Varna Office Market 2nd Half of 2008The office market in Varna is still in the early stages of development, though it is starting to shape up. While a few years ago there was no stock of Class A or B office space, contemporary office buildings are now emerging.
Sofia Office Market 2nd Half of 2007The total stock of multi-tenant and speculative space continues to grow at a steady pace. The total inventory of Class A and B space amounts to 606,500 m2 with the majority located in the suburban areas. This represents a 10% increase in the first half of 2007.
Bulgaria Holiday Homes 2nd Half of 2007The resort apartments market in Bulgaria continues to grow with increasing pace. As a result the total number of holiday homes units as of June 2007 is in excess of 76,500.
Sofia Residential Market 2nd Half of 2007The average asking sales prices in emerging neighborhoods in the southern part of Sofia are reaching for the EUR 1,000/m2 mark shows the latest research findings from Colliers International.
Bulgaria Holiday Homes 1st Half of 2007The Bulgarian holiday homes market continues its’ significant development in both mountain and coastal resorts. The total supply of holiday homes in the Bulgarian mountain resorts has increased almost four-fold from June 2005 to December 2006.
Bulgaria Retail Market 2nd Half of 2008The retail market still develops in a fast pace with an ever increasing emphasis on the shopping mall format. A number of projects are under construction and will be completed in 2009/2010.
Bulgaria Retail Market 1st Half of 2008In terms of modern retail, Bulgaria is still relatively under-supplied with an average shopping mall ratio of 15 m2/1,000 capita. However, the segment is growing fast; in the second half of 2007 seven new shopping malls broke ground.
Bulgaria Retail Market 1st Half of 2007The retail real estate sector saw considerable activity in 2006. Altogether five new major shopping centers opened doors in 2006 bringing the total number of existing malls in Bulgaria to six or 105,500 m2 of gross leasable area.
