10% vacancy rate in retail space
12.05.2010

“24 hours” newspaper, 05.05.2010

Lower prices offered by the new shopping malls managed to attract retailers from Sofia’s central boulevards, as well as from all across Europe, according to Dimitar Kiferov, Head of Retail Services at Forton International. The percentage of leased areas in the older shopping centers has decreased on account of its increase for malls that were recently opened for business. The newly constructed shopping centers overwhelmed the market with the impressive – 90-95% leased area, added Kiferov.