It approaches the point of saturation at the trade areas in the country

12.01.2008

The interest to the sector of Trade areas in our country continues to be high despite the slow growth of the purchasing power of the population and the announced huge trade projects.
This is the opinion on the specialists of the advisory company MBL.
Sofia is a leading city in the country of a quadrature in trade areas that need to be gained until the last of 2011.
On a base of the announced undertakings in last trimester, approximately 517 000 sq. m. give trade area was thought to be built through the next three for up to four years.
From them the 144 000 sq. m. are already in procedure of construction, and are the rest of projects that have stayed with general area from 373 000 sq. m. and are in a phase of a programming.
It is in the case specific that all trade centers will be realized in one as well same period from time close.
This can help the tenants at achieving more opportune conditions of the contracts for lease, by in the same time this making their choice more difficult, for they need to choose an one or several locations that will be successful in long - term plan.
In the large cities that have stayed in the country the investment climate is not more different.

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