News

Rents in the retail space in Sofia with a growth of 3% in the last year

27.07.2015

Experts report that in 2014 the number of retail trade in the European Union increased by 1.9 % and in the euro area - 1.3%. And that is after several years of decline. In Central and Eastern Europe with the exception of cities like Moscow, St. Petersburg, Kiev and Zagreb rents in shopping centers in 2014 have stabilized. In the Central European markets Warsaw and Bratislava , as well as in the Baltic cities of Tallinn and Vilnius are small increases in prime rents space , especially in the last quarter of last year and the first of this.

The volume of investments in commercial properties in Europe , Middle East and Africa last year reached 51.8 billion euros. That is a 17% increase. In the first quarter annual growth reached 94%. Experts expect that the total investment volumes in retail this year will exceed the results from 2014. The report shows that in 2015 the main markets in Western Europe will remain the target destinations for investors. However by Colliers predicts increased volumes and investments in peripheral markets.

Source: www.capital.bg

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