Michaela Lashova

Bulgaria Leads in Rise in Commercial Property Sales in EU in 2014

Bulgaria posted the biggest rise in sales of commercial real estate in the EU last year, a new study has shown.

According to the latest edition of Cushman & Wakefield's International Investment Atlas, commercial properties worth USD 286 M (EUR 254 M) were sold in Bulgaria last year, an increase of 226% over 2013.

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.