The upsurge of office property market has definitely not ceased, said Atanas Garov, Managing Director of Colliers Bulgaria, at the 10th CEI (Central European Initiative) Summit Economic Forum, held in media partnership with Investor.bg.
Bulgarian market has not reached the break-even point yet. There is still a keen demand, low vacancy rates, limited supply and a great number of projects up in the pipeline.According to Garov, all these suggest that office areas market is far from saturation.
Credit crunch, apparently, has not affected Bulgarian business situation. Moreover, it is not going to lay any impact on it because national market has robust foundations, Colliers' executive explained.