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


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.


Sofia City Report H2 2023


  Investment Market The cautious behavior seen in investors in H1 2023 continued through H2 as well. The main reason for that seems to be the high cost of financing as interest rates for investors have reached 6.5 – 7.5% which basically melts down the potential return almost entirely. ...

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Sofia City Report H1 2023


Investment Market There was modest investment activity in the first half of 2023, with most deals focused on the office segment. The cautious behavior from investors can be explained by their expectation of global economic slowdown and a potential increase of NPL”s, which could provide opport...

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Sofia City Report H2 2022


A consistent pipeline for retail parks The total modern retail stock in Bulgaria amounts to over 1,17 million sqm, out of which 542,800 sqm operating in Sofia. With 815,000 sqm stock countrywide, the shopping centre segment didn’t see any new completions over the last few years and this tre...

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