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Business Park Sofia. Photo by Sofia photo agency
Every fourth office in Bulgaria's capital Sofia is vacant, according to MBL yearly office market report.
In 2010, the overall vacancy rate in class A and class B office buildings in Sofia went up to 24.3% of the overall inventory or 335 000 sq.m. New absorption amounted to 105 000 sq.m., indicating a 50% increase year on year.
The last year saw 265 500 sq.m. of new office space in Sofia, raising the total stock in the capital to 1 378 000 sq.m. Additional 250 000 sq.m. of new office space are scheduled for completion by the end of 2011, the preliminary data shows.
With the economy stabilizing, more and more companies have started approaching their business in Bulgaria's capital more optimistically, according to MBL.
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Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
In a chilling turn of events, the lifeless body of a man was discovered in Sofia's "Zapaden Park" yesterday, as reported by NovaTV
In connection with the replacement of a shut-off valve on "Beli Dunav" street, district "Nadezhda-3" from Sofia Water warns that today (April 16) it is necessary to stop the water supply from 9:00 a.m. to 9:00 p.m.
Sofia residents who have dutifully paid their local taxes for the year 2024 have collectively pocketed a substantial sum, saving a remarkable BGN 4,678 million by April 14
Boryana Kaleyn secured victory and Stiliana Nikolova clinched second place in the women's all-around competition at the Rhythmic Gymnastics World Cup held in Sofia
In order to streamline transportation between Sofia's Central Station and the airport, a new express bus line, operated by double-decker buses, has been launched on a trial basis starting today
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
The housing market in Bulgaria witnessed mixed trends in the fourth quarter of 2023, with overall prices experiencing a modest increase of 1.2%
Bulgaria witnessed a staggering surge in mortgage loans in 2023, totaling a monumental BGN 6.39 billion
Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone
This information was shared during the presentation of data on the current state of the market to journalists
Russia has issued a stern warning in response to Bulgaria's recent legislative efforts aimed at seizing Russian real estate
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
