Retail Market Overview H1 2020

Download Report
retail market sofia H1 2020
The absorbed retail space for the period was just over 9,000 sqm. – 30% decrease compared to the second half of 2019.
Vacancy levels in shopping centers increased slightly by 1% and reached a total of 7%.
Rental levels registered decrease of: 10% for Vitosha blvd - 50 euro per sqm; 8% for shopping centers - 34 euro per sqm.
 

retail market H1 2020 sofia

Retail Market Overview H1 2020

Download Report
Related Experts

Dimitrinka Rakovska

Manager Retail Services | Bulgaria

Sofia

Dimitrinka has more than 11 years of experience in Colliers, specialized in retail real estate consultancy services. She has been having a key role in the Retail Services team, providing landlord representation services for major projects such as: Sofia Ring Mall (68,000 sqm GLA), The Mall (66,000 sqm GLA), Grand Mall Varna (50,000 sqm GLA), Burgas Plaza (27,000 sqm GLA), Mall Plovdiv (20,000 sqm GLA), Galleria Burgas (36,000 sqm GLA),  Galleria Stara Zagora (20,700 sqm GLA), Jumbo Plaza (30,000 sqm GLA) and Retail Park Varna (15,000 sqm GLA).

Dimitrinka has worked closely with companies in various industries and developed long-term relationships with most of the retail operators on the Bulgarian and international market, such as H&M, Sport Vision, Benefit Systems, Orange, Esprit, Pierre Cardin, Humanic, Grand Optics, Andrews/, Lagardere, Adidas, Walltopia, Zora, Sephora, DSK bank, to mention a few.

 

View expert

Adriana Toncheva

Senior Consultant | Bulgaria

Sofia

Adriana Toncheva joined Colliers in October 2008 as Market Researcher and member of the marketing team. Her primary responsibilities are data collection and analysis, processing and carrying out market research surveys, writing various real estate market reports. Adriana is the person to turn to for accurate and updated data and analysis regarding various topics, not limited to real estate. She supports internal clients with corporate presentations and reports, customized to their specific needs and requests. Among her major projects are the implementation of the Net Promoter Score program, Colliers Bulgaria Client Follow-up program and Integis. In 2014 she received Colliers Bulgaria Service Excellence Award for business support functions.

 

View expert