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SALES - SOFIA

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Analyses and trends

  • 2013-03-20

    20.03.2013 Big problems at low prices

    Many speculations are on the topic of what stage of the cycle is the real estate market in Europe, I passed the worst of the financial crisis and when the situation will normalize. Of the many expert opinions clearly only one - no single answer. The market is very fragmented and in most cases each country individually. Investors have different expectations for return and risk levels that are willing to take, different locations and different types of assets. And according to many experts this situation probably represents a new normal. The truth is that the market has yet to tackle a number of important tasks, one of which is the issue of huge inventory of distressed assets pazarlizirat system and does not allow creditors to open the tap for fresh funding. In many posts after the sector is clean of these problematic portfolios (whose scale, cost and potential risk can not even be estimated with accuracy), the market will again become effective...

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  • 2013-03-04

    04.03.2013 Where luxury is the most expensive

    What actually worth luxury? The answer is clear: it depends. New York, Paris, Hong Kong and Sydney are among the top ten most luxurious cities in the world, but the price can be very different, as the report shows Knight Frank Wealth Report. Of all surveyed cities Hong Kong is the most expensive. Luxury apartment in Chinese metropolis financial cost around 3.7 million euros. Other products are also expensive - a liter of milk costs about € 2.07 and gasoline is 1.65 euros, the study of the British consulting company Knight Frank...

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  • 2013-02-28

    28.02.2013 Demand for retail space continues to grow

    By the end of 2014, the distribution of modern retail space of 1,000 population will increase from 85 square meters on average for the country as it is now, to 120 square meters per 1,000 people, according to consulting firm Colliers International . In Sofia, the same indicator will rose by 82%, which would equate to 345 m2 of 1,000 people. In the second half of 2012, modern retail space in Bulgaria increased by over 40 thousand square meters with the opening of Bulgaria Mall and the first level of City Mall Stara Zagora, reaching a total 640 thousand square meters country In 2013, with the opening of two major shopping centers in Sofia - Sofia Ring Mall and Paradise Centre, the amount of GLA in the capital will increase by approximately 150 thousand square meters New 30 thousand sq.m. modern retail space and will come on the market in Burgas shopping center opening of The Strand...

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  • 2013-02-15

    15.02.2013 Bulgaria tops the CEE office buildings available to area

    Sofia remains one of the highest in Central and Eastern Europe (CEE) in respect of offices under construction in the common stock of modern office space, says in a new report from consulting firm CBRE. Sofia ranks first among the Member States of the European Union on this indicator and fourth place overall in Europe since Kiev, St. Petersburg and Zagreb. Among these markets, however, our capital is the city with the highest proportion of vacancy. According to the Sofia-based consulting firm MBL | CBRE at the end of the fourth quarter of 2012, this is generally around 22%, or 330 thousand square meters of vacant office space. A total of 221 thousand square meters were under construction at the end of last year, and another 214 thousand square meters were frozen. This compares with a total stock, Class A and B of 1.52 million square meters...

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  • 2013-02-15

    15.02.2013 Weak demand and strong supply voltage kept in Retail Market

    The continued weakening of the purchasing power of the population and shrinking consumer spending has a negative impact on the retail market. Demand decreases, traders are cautious in expansion plans and turn to locations with proven potential, indicate a new market analysis of retail consulting firm MBL | CBRE. However very few new players have entered the Bulgarian market last year - H & M, Debenhams, Wok to Walk. Pressure on the market and has an oversupply of retail space, which provide new opportunities for tenants to negotiate more flexible terms. Expected market pressure to increase this year, especially in the capital, due to the opening of new shopping centers. It is due to slightly increase the level of unemployment, as happened after the discovery of Bulgaria Mall, experts comment...

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  • 2013-01-24

    24.01.2013 House prices fell by 0.7% in the fourth quarter of 2012

    Trying to recover, which made housing prices in the second quarter was weak. The price decline has picked up slightly in the last three months of the year compared to the previous quarter, according to data from the National Statistical Institute (NSI). For the period from October to December * prices in the country have registered a decline of 0.7% to the average of 875.14 square meters Levs, once in the previous three-month period declined by 0.5%. On an annual basis, however, the decline continues to slow down. In the last three months of the year, the annual decline in prices was 1.4% after the previous quarter it posted a little over 2%. In the fourth quarter of 2012 compared to the previous one is a decrease in prices in 23 regional cities, such as more significant in Kardzhali and Razgrad - by 2.9% and in Pazardzhik - 2.8%. The price increase was registered in Vidin, Kyustendil, Burgas and Ruse and Sofia...

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  • 2013-01-23

    23.01.2013 Walks ecommerce platform with agricultural land

    Agricultural land can be traded and leased the Internet through a new online portal, which functions as a platform for trading. Sales and lease can be done both through auctions and through ordinary single transaction manager explained the portal Niva.bg Anton Andonov. Purchase, sale and rental of lands platform can only be made by registered agents in it. They will be assessed through a rating system and additional control over the activity on the site will carry a special ethics committee, said Andonov. Transactions and auctions taking place through the portal will be made on the basis of rules prepared by lawyers as the Bulgarian legislation still lacks regulation for such trade. Intermediaries are able to publish their standard offers buy and sell or auction organized - English, Dutch or closed. With the introduction of tenders and contracts is not possible to edits. If a firm wants to change its bid, the bidder should withdraw it and then make a new one, it is available to all participants in the platform...

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  • 2009-02-23

    The confidence in the real property sector will be restored soon

    Conference BalREAct - Reaction to Crisis

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