Forton

Commercial Property Investment in Bulgaria Up 60% Y/Y in Jan-Sept

Investment in commercial property in Bulgaria have increased by 60% on the year to EUR 98.7 M in the first nine months, according to data from real estate advisers Forton.

Investor.bg quoted Michaela Lashova, managing partner at Forton, as saying that capital inflow has been increasing during the period under review, pointing to accelerated market recovery.

EUR 130M Invested in Bulgaria's Commercial Property in 2014 - Experts

Doubling of investments in Bulgaria's commercial real estate is expected in 2014, according to the advisory company Forton.

In 2013, Bulgaria saw acquisitions worth EUR 54M which is 26% more than in 2012. Due to the low levels in 2012-2013, Forton experts predict that in 2014 the volume could be doubled and reach between EUR 100-130M, Bulgarian Standart news reports.