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Business Property Developments In Bulgaria Behind Central European Levels

Business park developments in Bulgaria are three to seven years behind Central European levels, Industry Watch reported.

Fast economic growth, EU accession and increase in foreign investment feature among the main factors influencing business park development in Central and Eastern Europe, reported.

Investor interest in Bulgaria changed its direction from Sofia to other economically developed cities like Plovdiv, Varna and Rousse.
Most business parks in Bulgaria act as administrative centres or production terrains.

Some major developments include Business Park Sofia, covering 220 000 sq m, Business Park Varna and Business Park Stara Zagora.