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Bulgaria’s property market: Waiting on new malls, office space aplenty

Posted on 30 October 2012

Bulgaria’s retail property market was “awaiting the third wave of shopping malls”, while the supply of newly-completed office space continued to decline, real estate consultants Forton International said.
In its quarterly report on retail real estate, Forton said that five shopping centres, currently under construction, were set to be completed by the end of 2013. Among these, Bulgaria Mall in Sofia was expected to open in November, followed next spring by Paradise Center, the largest mall in Bulgaria at 80 000 square metres. The other three are South Ring Mall and Mega Mall in Sofia, and the Strand in Bourgas………………………………………..Full Article: Source


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