Forton: The rents on the shopping streets in Sofia went 8 years back
10.08.2010

 

Dnevnik, 10th August 2010

According to the analysis of Forton International for the second quarter of 2010, the rents on the main shopping streets in the capital reached their  lowest levels since 2002. Rental levels are now 55 euros per sq.m at an average which is a slump of 30 % for Sofia and 43 to 50 % for the other major cities. Q2 recorded the highest supply of new shopping center space in the country so far – 163 000 sq.m. The analysis indicates that around the end of June the modern shopping center stock in the country significantly increase up to 485 000 sq.m.