In 2014, Bulgaria has shown the greatest growth in sales of commercial real estate in all European Union – by 226%. Transactions amounted to €254 million, according to Cushman & Wakefield with reference to Forton International. There were taken into account purchases of offices, hotels, commercial and industrial areas, building land.
Such high rates in Bulgaria are caused by rising demand and employment in the office segment and production, the commissioning of new projects, reconstruction of old objects and others. According to experts, the further progress and investors' interest depend on the economic growth of the eurozone, the main Bulgarian trading partner.
In 2014, return on investment in Bulgarian commercial real estate was from 9% (offices, shopping areas) to 11.25% (industrial areas) with a tendency to decrease, as well as throughout Europe.
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