Advance participates with lecturer in the biggest forum for industrial plots

30.01.2018

The International Industrial Property Conference, organized by the BG SKLAD platform brings together professionals from the field, covering various areas of the segment - the public sector, international and Bulgarian investors, brokers and consultants.

This year's event was very popular with experts in the business, with panelists included Stamen Yanev - Executive Director of the Bulgarian Investment Agency, Antoaneta Barres - Director of the National Company of Industrial Zones, Vasil Velev - Chairman of AICB, Dobromir Ganev - Chairman of the NSNI. Advance participated with a lecturer in the central panel of the conference by presenting the industrial property market in Bulgaria through the prism of valuation expertise.

The general conclusions and trends that emerged during the event can be summarized as follows:

  •     Sofia is the largest and most developed market for industrial space in the country, amounting to 1,075,500 sq.m.
  •     Only 25% of the total supply is for rent
  •     Rental levels range from 3.8 euros to 4.5 euros per square meter. depending on the scale of the property
  •     The rental yield is 8.5%