S IMMO AG: Letting success in Sofia

Politics ♦ Published: April 9, 2014; 10:31 ♦ (Vindobona)

The first quarter of 2014 brought encouraging successes in letting for S IMMO AG in Sofia, one of the company’s most challenging markets.

According to S Immo, the Bulgarian property market has gradually recovered from the financial crisis. / Picture: © S IMMO AG / Overmann

In total, more than 2,700 m² were let out in the Serdika Offices building until end of March 2014, and negotiations are in the advanced stages for an additional 500 m².

Two tenants increased their existing space. The company Sutherland expanded its offices to a total of nearly 4,000 m². One of the largest international beverage companies also rented an additional 1,500 m² and…