Colliers sees upswing in demand for modern office properties in Bulgaria

IT and oursourcing companies lead the list.

The Colliers Office Market Overview for H1 2022 reveals an increase in demand for office real estate by 29% YoY.
The demand is being driven by: IT and outsourcing (44%), professional services (29%), pharmaceuticals (13%), retail (5%), financial services (4%), and media (3%).
In the short-run, the market may face a rent increase due to the rise in construction and fit-out works prices, the survey states. The development of co-working areas is expected to continue the upward trend to support the emerging hybrid work model and meet the tenants’ dynamic needs for space.  
Source: pariteni.bg