Class A Office Space Rental Rates in Sofia Record 8.3% Growth Y/Y

Class A Office Space Rental Rates in Sofia Record 8.3% Growth Y/Y

Rental rates of class A office space in Sofia have reached 13 euros per sq.m. in Q1 2014, according to the recent data provided by Colliers International.
The increase is 8.3% compared to the previous six months and on an annual basis, Investor.bg informs citing the company report.
Profitability from office rents in Bulgaria's capital city has remained stable at 9.5%, being commeasurable with the markets of cities such as Tirana, Cairo, Saint Petersburg, and Belgrade. Lower-risk market profitability varies in the range of 3.5% to 4.5%.
European office rental rates growth is unstable, although there is a trend of improvement corresponding to the better prospects for the economy, the latest Colliers International report says.
 
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.