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Office Market Overview H1 2020

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offices sofia H1 2020
  • In the first half of 2020, the supply of modern office space class A, B and C in Sofia increased by 1% and reached 2,315,600 sqm. 
  • Vacancy rate retained its level - 11% of the total volume.
  • Decrease in demand was registered. Total take-up amounted to 56,500 sqm, which was 15% less than the first six months of 2019.
  • Average asking rental rates for class A offices in the capital decreased with 8%.

offices H1 2020 sofia

Office Market Overview H1 2020

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Related Experts

Verka Petkova

Partner, Director Business Development | Bulgaria

Sofia

Verka joined Colliers International in August 2005 as Key Accounts Executive, focusing on the launch of a new residential service. In connection to the launch of Business Park Varna in 2005,  she was asked to contribute as a member of the project team. Based on her experience and success with the project, she became a member of the Offices & Business Parks team in May 2006. Verka was  promoted to Consultant in the beginning of 2007, and to Senior Consultant in the beginning of 2008. Since the beginning of 2010 she is Manager Key Accounts Offices & Business Parks. In 2012 Verka  become the Head of the Office Services team and as of March 2017 - Director Business Development.

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Adriana Toncheva

Senior Consultant | Bulgaria

Sofia

Adriana Toncheva joined Colliers in October 2008 as Market Researcher and member of the marketing team. Her primary responsibilities are data collection and analysis, processing and carrying out market research surveys, writing various real estate market reports. Adriana is the person to turn to for accurate and updated data and analysis regarding various topics, not limited to real estate. She supports internal clients with corporate presentations and reports, customized to their specific needs and requests. Among her major projects are the implementation of the Net Promoter Score program, Colliers Bulgaria Client Follow-up program and Integis. In 2014 she received Colliers Bulgaria Service Excellence Award for business support functions.

 

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