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Industrial Property Market in Bulgaria Faces Drop in Transactions Due to High Rental Prices
The industrial property market froze in the middle of the year, but forecasts suggest a revival is on the horizon.
The week: The black-hole constellation
New mayors are in - money is out, who owns the Interior Minister and more chess champions
JLL chooses Avalant as its Bulgarian representative for offices deals
All main global players have now entered the property consultancy market in the country
The office market: Less rent, less construction
Vacant office space in Sofia reached a five-year high of 13% in 2020
The office market: frozen in place
Post-coronavirus rules of the real estate game will probably become clearer this autumn
Crumbs on the investment market for business properties
Inflated prices, low liquidity and the slowdown of the world economy have brought about a sharp decline of sales in Bulgaria
Sofia market still hungry for new office buildings
Available space is expected to increase by 20% in the next three years
Demand for business properties drops
The lack of high quality projects and rising prices cited as the principal reasons
Bulgaria’s office market 2018: Abundance of projects and tenants
More than half of the rental deals in the first quarter are related to buildings under construction, to be completed by the end of the year
Commercial properties yields in Sofia remain the highest in the region
Expectations for 2018 are for a calm market