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Retail Market Overview H1 2021

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Retail Market Overview H1 2021
  • Retail space absorption in shopping centres in the capital for the first six months, reached 10,500 sqm. Many shopping centres have utilized the three full or partial closures due to the pandemic measures as an opportunity to redevelop and refresh
  • High streets in Sofia recorded stable levels of occupancy and new openings compared to the end of 2020. 
  • Vitosha blvd. marked a slight decline in vacancy in the first half of the year from 9% to 7.5% 

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Retail Market Overview H1 2021

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Dimitrinka Rakovska

Manager Retail Services | Bulgaria

Sofia

Dimitrinka is heading Retail Services agency in Colliers. For more than 14 years she has been having a key role in the department, providing consultancy and representation services for major projects such as: Sofia Ring Mall, The Mall, Mall of Sofia, Grand Mall Varna Burgas Plaza, Mall Plovdiv, Galleria Burgas, Galleria Stara Zagora, Jumbo Plaza, Retail Park Varna.

Dimitrinka has worked closely with companies in various industries and developed long-term relationships with most of the developers and retail operators on the Bulgarian and international market, such as GTC, Bluehouse, Danaos, Orchid Developments, Trinity Capital, Inditex, H&M, LPP Group, Fit Invest International, to mention a few.

 

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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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