Deals for industrial land plots in Bulgaria in the January-September period totaled €58m, according to Forton International.
“Currently, the market is dominated by deals for land plots for office buildings, residential and warehouses and logistics facilities, where demand on the part of tenants and buyers is rising and where price levels are stable, with a potential for growth,” said Yavor Kostov, Capital Markets Manager at Forton.
In Q3, one of the largest investment deal was Kaufland Bulgaria’s purchase of 14,000 sqm land for the construction of a hypermarket in Varna.
Forton is part of Cushman & Wakefield Alliance in Bulgaria, Serbia and Macedonia.
