Professional Documents
Culture Documents
Industrial Market
Snapshot
Fourth Quarter | 2018
0.0%
13.00% 3.5% in the last quarter. Since some large-scale tenants invest
Yields
Investment focus
Despite the investors’ attention to the industrial market, a limited
number of acquisitions were closed in 2018. Prime yields posted
slight decrease to 8.5% at the end of the year. Construction land
in the industrial areas and the outskirts of the big cities is in high
demand for industrial projects development.
Outlook
With 190,000 sqm under construction as to the end of 2018 the
Sofia’s industrial market gradually overcomes the shortage of
modern space. Rents and yields are projected to remain stable
in the short term.
This report has been produced by Cushman & Wakefield LLP for use by those with an interest in commercial property Radostina Markova
solely for information purposes. It is not intended to be a complete description of the markets or developments to which
it refers. The report uses information obtained from public sources which Cushman & Wakefield LLP believe to be Research Analyst
reliable, but we have not verified such information and cannot guarantee that it is accurate and complete. No warranty 47A Tsarigradsko Shose Blvd., Sofia 1124,
or representation, express or implied, is made as to the accuracy or completeness of any of the information contained Bulgaria
herein and Cushman & Wakefield LLP shall not be liable to any reader of this report or any third party in any way Tel: +359 (883) 260 333
whatsoever. All expressions of opinion are subject to change. Our prior written consent is required before this report radostina.markova@cwforton.com
can be reproduced in whole or in part. ©2019 Cushman & Wakefield LLP. All rights reserved. cushmanwakefield.com / cwforton.com