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Millions for Sofia Airport area
Tishman International is to invest 200 million euro in a new commercial park near the Sofia International Airport. The project will be co-financed by Tishman as well as the Bulgarian office of Greece’s Emporiki Bank. The commercial park will have a 10 ha footprint and built-up area of 256 000 sq m, including 100 000 sq m of office space, 20 000 sq m of warehouse floor area and 40 000 sq m of hotel premises.
A subway station, providing a transport link with the central and western boroughs of the capital, should open near the commercial park within three years. A total of 90 000 sq m of office space will be placed on the market during the initial stage of the project. About 20 000 sq m of logistics and industrial floor area will be built by the autumn of 2007. A total of 30 000 sq m of Class A low to mid-rise office buildings will be ready in the first half of 2008.
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