Borissov Responds to Political Tensions Surrounding Bulgaria's Eurozone Plans
Boyko Borissov, leader of GERB, defended the government’s progress on Bulgaria’s path to the eurozone
SOFIA (Bulgaria), August 21 (SeeNews) - Around 43,000 square metres of Class A and B office space were completed in Sofia during the second quarter of the year, boosting the total inventory of the Bulgarian capital to 1.92 million sq. m., real estate consultancy MBL said on Tuesday.
A further 370,000 sq. m. are currently under construction, of which 240,000 sq. m. are expected to be completed by the end of next year, MBL said in its quarterly office space market overview.
Additionally, office buildings offering a further 220,000 sq. m. of office space are planned to break ground in 2018 and 2019, according to MBL.
The overall office space vacancy rate in Sofia was 10.1% during the second quarter.
Average rental rates remained stable in the second quarter at 12-14 euro ($13.8-16.1) for Class A offices and 7-11 euro for Class B.
However, the expected increase in office space availability is expected to put pressure on rent levels in Sofia, MBL notes.
- See more at: https://seenews.com/news/some-43000-sqm-of-office-space-completed-in-sofia-in-q2-mbl-624156#sthash.brx4tLGL.dpuf
Boyko Borissov, leader of GERB, defended the government’s progress on Bulgaria’s path to the eurozone
Bulgaria could adopt the euro as its official currency from January 1, 2026, if it successfully meets the necessary criteria for joining the eurozone
The municipal councils in Kozloduy and Krivodol have become the first in Bulgaria to implement dual pricing for municipal services, taxes, and fees
According to a recent survey by the European Investment Bank Group (EIB), nearly 80% of Bulgarian companies have taken steps to reduce their greenhouse gas emissions
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Bulgaria’s draft budget for 2024 raises questions about its realism and whether it is a mere strategy to appease the European Commission and the European Central Bank
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability