Sofia Property - Industrial areas only going to grow

Sofia Property - Industrial areas only going to grow

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Industrial areas only going to grow

Segment of the industrial areas is that in which the demand is still significantly exceed supply and this trend is expected to continue in the coming years. Unlike the offices and commercial centers, where they are currently also gap in supply, but there are dozens of projects in industrial and logistic centers even investitorskiyat interest and the planning of new projects lagging. This picture shows the summary of the market. One of the main reasons sochena by investors for gap between demand and supply is the appreciation of the land in recent years. So in one area for example, go to dohodonosno to build an office building than stock, say entrepreneurs. Over the past two years demand for stocks increased significantly, and while not increasing the supply of these rates, commented recently Krasimir Dimitrov from "Sours. In his words this trend has increased significantly the cost of storage, which currently reaches 4-5 per sq.m. So employees are prices for some apartments, comment from the industry. At this stage, offering transport demand, and therefore modern storage areas are mainly owned by their users, and Christo says Assenov of Em It E The trend strengthened demand and low supply is viewable from the international agency report "Kushman and Ueykfiyld" (Cushman & Wakefield) for the development of a segment of logistics and industrial areas in Europe. According to the agency last year that market prices in Bulgaria are among the fastest growing. During last year's rent in Sofia grew on average by 9 percent, which is times more than average growth for Europe - 2.5 percent. Logistic areas in the country to give an average against 73 per sq.m per year, or 6 per month, the agency's analysis shows. The ranking of "Kushman and Ueykfiyld" reflects the most locations for industrial and logistics areas for this year and 138 orders of the most important industrial areas in the world. Bulgaria among them is 32 - ro place. The results show that rent in Bulgaria are higher than the average level worldwide, which is 64 per sq.m per year. Also growth last year was higher than that in the world - 6.2 percent. The situation in Bulgaria is similar to that in the entire region of Central and Eastern Europe, where demand transport supply, it is clear from the report. In 2008, Bulgaria will remain more expensive market for logistics and storage areas by some countries in Western Europe - Austria, Portugal, Belgium, Hungary, Slovakia. Although small, but the average levels of logistical areas are cheaper and in cities such as Istanbul (65.18 per sq m per year) and Bucharest (66.51 euros). Still at higher levels are Prague (74.40 euros), Zagreb (84 euros), Athens (81.79 euros). Another international consulting agency in the field of real estate - "It's Richard Ellis" (CB Richard Ellis), predicts that "logistical centre of the European Union even more significant will be moved to the Central and Eastern Europe, including Bulgaria. This will happen as a result of the development of the economy in the region. Until now, logistical and business shaping major logistics centers were attributable mostly to Western countries. Meanwhile the market in Bulgaria is poorly developed and proof of this is low supply of modern logistics bases, argued on the market. "Central and Eastern Europe are emerging as the region with the highest expected growth in the market area of logistics in the next few years, and in turn offers a number of opportunities for investors and entrepreneurs, say the authors of the report.

 
23.05.2008
Dnevnik

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Sofia Property - Industrial areas only going to grow