Latest News

28.05.2019 New 64,000 sq.m of Office Space in Sofia

novinite.com

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
LATEST REGIONAL NEWS
The First "Bile Fest" - Herbs Dedicated Festival Will Be Held on the St. Anastasia Island in Bourgas

12/June/2019
https://www.novinite.com

The island of Saint Anastasia will welcome guests with folk rituals for health and fertility in the first edition of the "Bile Fest", a heraldic festival, announced Burgas Municipality.

More than 50 participants will take part in the event with herbs and healthy foods, curative extracts and ointments, and will show the authentic ways of preparing them.

The accompanyin... read more

Comments from clients
A BIG thankyou to Robert and Hristina in Burgas.You have worked many long hours with our ...
Dear all, I have just come back from my first visit to Bulgaria and purchased a house near Belovo ...
I have just recently returned from my first trip to Bulgaria, although unsuccessful on this occasion ...
View the best properties in the top Bulgarian ski resorts!
List your property with us, no marketing fees!
Read our answers to the most frequently asked questions when buying a property
Read our market analyses and forecasts!
Take a viewing trip around the properties with the help of our video clips!
Latest News
British Are Once Again Interested In Buying Bulgarian Properties

14/May/2019
novinite.com

Bulgaria returns to the top 10 of the overseas property buying sites in 2019 in the UK aplaceinthesun.com rating platform, quoted by the newspaper "Bulgarian News". Bulgaria ranked ninth place in the chart preceded by Turkey, Florida, Cyprus, Italy, Greece, Portugal, France and Spain. Barbados, also a new country on the list, ranked the tenth place.

"It may be the European Unions p... read more

LATEST REGIONAL NEWS
The Television Tower Will be Open to Sofia Residents and Guests

15/May/2019
https://www.novinite.com

The television tower, located on "Dragan Tsankov" Blvd, will be open to Sofia residents and guests.

It offers views of the capital from 106 meters high. The facility is located on the boulevards "Dragan Tsankov" and "Peyo Yavorov" and was opened in 1959 and has 14 floors.

The television tower is privately owned and is now open to designers.

According to... read more

DID YOU KNOW?
Hiking in the valley of Beli Iskar River

01/October/2018
Bnr.bg

Mount Rila is breathtaking! In the winter it displays the snow caps of its peaks. In the spring it looks perfectly rejuvenated in its lush garments, in the summer it gleams with the scorching bright sun and in the autumn fascinates the eye with diverse colorful sights.

One of the lurin... read more