Call
Send Email
Messenger
WhatsApp
New 64,000 sq.m of Office Space in Sofia
64,000 square meters of new offices were put into operation in Sofia in the first quarter of the current year. Thus, the percentage of vacant areas is slightly higher - from 9.5% to 9.8%. Major clients continue to be IT and BPO companies.
A high percentage of office buildings that have been put into operation have managed to find their tenants before they open their doors. Because of this, the correction in the share of free space is low.
For the first quarter of 2019, the office space under construction in the capital is 427,000 square meters. With the completion of new projects, the supply of Class A and B offices during the period reached 1,882 million square meters. It is expected that over 200 000 square meters will be put into operation through the entire 2019 and the first months of 2020.
"This is a significant volume, but considering that about 45% of these offices are negotiated with tenants still under construction, we do not expect their commissioning to bring about significant market changes this year. In the medium term, our forecast is for more tangible growth in vacant space and possibly a slight pressure on rental levels, "says Stanimira Pashova, Office Manager at Cushman & Wakefield Forton.
The offered rental rates are kept unchanged compared to the previous quarter - 15 EUR / sq.m for the highest class of offices in the center of Sofia and 13-14 EUR / sq.m for prime areas on the big boulevards.
Check our top commercial properties in Bulgaria
Read more news
More News
The first months of 2026, following Bulgaria’s accession to the eurozone, outline a new dynamic in the residential property market. After the record activity in 2025, when many buyers accelerated their decisions in anticipation of the introduction of the euro, the market is gradually beginning to return to a more moderate and sustainable pace.
Although official statistics for the e...
Spring is approaching, and we continue the year with confidence and professionalism!
February confirmed the trend toward a more balanced and sustainable real estate market In Bulgaria after eurozone accession. Activity remains stable, negotiations are more thoughtful, and transactions are well-structured and carefully prepared.
In this environment, our Agents of the ...
On February 24, 2026, the Inter Expo Center in Sofia hosted the first edition of the Real Estate Business Forum for the year, organized by Imoti.net. The event brought together leading experts, managers, and professionals from the real estate sector to discuss the future of the industry, the role of technology, and the changing working environment for agencies.
Among the participant...
Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector. The adoption of the euro is no longer an expectation but a reality, and its impact is already visible across residential and investment markets. Greater transparency, improved confidence, and deeper integration with European financial systems are reshaping how property is priced, financed, and perceive...
