"Bulgaria Real Estate Report Q3 2013" Is Now Available at Fast Market Research
Recently published research from Business Monitor International, "Bulgaria Real Estate Report Q3 2013", is now available at Fast Market Research
Boston, MA -- (SBWire) -- 07/30/2013 --The Bulgaria Real Estate report examines the commercial office, retail, industrial and construction sectors throughout the country in the context of continuing strife in the eurozone and its neighbouring countries.
With a focus on the country's principal cities of Sofia, Varna and Burgas, the report covers rental market performance in terms of rates and yields. It also examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the impact of a stalled construction pipeline on a market that has suffered considerable rental weakness.
Although 2011 saw some glimmers of hope, these have yet failed to materialise going into 2013. Our fullyear 2012 data for the commercial real estate sector has been less-than-encouraging, with the office and industrial sectors in particular still suffering from oppressive market dynamics. With the economy still fragile, demand lacklustre and political stability in question, the news for the sector is almost exclusively gloom and doom until the region's economy is back on track. Nevertheless, there are opportunities in the tourism and retail sectors.
View Full Report Details and Table of Contents
Key Points:
- There are signs that the Bulgarian construction and infrastructure sector has turned a corner as steady, but low, growth is forecast for the medium term. The transport sector is starting to show signs of growth as road development projects worth more than EUR4bn (US$4.93bn) will be constructed between 2014 and 2020.
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