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Bulgarias Industrial Properties Market Remains Underdeveloped

Due to the lack of significant supply of contemporary industrial space, the vacancy rate in Sofia remains very low, about three per cent. Rental rates retained the same levels in all markets as in the first six months of 2007. Only in Sofia did secondary rents go up slightly - to four euro a sq m (from 3.5 a sq m in H1 2007), driven by the shortage in the supply of high quality industrial space.