Market Report, "Bulgaria Real Estate Report Q4 2013", Published
The real estate market in Bulgaria continues to struggle, as it has yet to find a strong foothold to recovery, particularly as domestic and regional headwinds continue to blow the segment off balance. Macroeconomic weakness continues to deter investors as well as curtail corporate expansion. The persistence of soft market conditions creates a tenant-favourable environment, particularly in the leasing arena, and a curtailed construction pipeline ensures that the return to growth will not be swift.
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