BalPEx: The offering of industrial and storage centers still can not catch demand Against the background of significant investment interest in homes, offices and commercial areas logistics properties remained outside the focus of entrepreneurs. In all, it seems, however, that this is changing. According to the international company Cushman & Wakefield Bulgaria is primarily on rent prices in the areas of logistics centres among the countries of Central and Eastern Europe. They reach 6 euros monthly rent for the first m in area in the capital, and increased demand is already a second year. Although the levels of return are no longer dvutsifreni numbers as in 2006, the survey findings indicate that they still maintain a high level of 9% (see table). "Bulgaria currently lagging behind in the development of industrial projects to other countries in the region," commented Sergei trends Koynov, Executive Director of Fortan International. "The reason for these high prices is the maximum especially in low supply, ie the few available storage spaces. If, for the last quarter in Hungary appeared 27 000 sq m of new bases in Bulgaria, they are less than 10 000 sq.m, "he added. According to Krasimir Dimitrov, a managing partner in the consulting agency SOURCE Real Estate Advisers main reason for the high rental levels in modern logistics parks is that the quality of the remaining stores, which are marketed as a whole is very low. "Over 80% of the existing areas are old buildings in former industrial areas, poorly maintained and non-current business requirements" said he. I supplemented that only units are partially renovirani, and many even do not have enough ramps for loading and unloading activities. The remaining 20% of the storage areas that meet modern requirements, are of the type built-to-suit - built, to serve the specific needs of a company, and not leave the market. From real estate agencies reported an increase in demand for modern industrial area, which comes mainly from dealers and distributors of food and beverages, pharmaceutical companies and electronics sector. According to market analysts, the main prerequisites for increased demand in recent years have agresivnoto entry of more large retail chains, which as a rule rarely maintain their own storage spaces. Other reasons are that the country has an external border of the European Union and that granichim with Turkey, from where goods come from Asia. Main advantage of Bulgaria and the lower price of land. Thus the construction of the storage area is cheaper in comparison with neighbouring countries and this means that the return to investors is higher. About 70% of customers looking for office and storage areas in one place. Companies operating with large stocks, prefer office of the company is under one roof with its storage stocks because so ikonomisvat logistics and management costs and may exercise direct control. Currently the quality of projects logistics centers are still in progress, but two years is expected to align supply with demand and prices will calm rent forecast consultants. Debuts Three of the biggest new projects will be shown to esennoto statement BalPEx, which is held in Sofia's "Inter Expo Center from 5 to 7 October. Debut of Estate Expo will make the new sofia.html">business park Sofia Airport Center. It is situated about 300 meters from the sea terminal of Sofia Airport of total built-up area of 286 thousand sq. meters, of which 22 thousand logistic center. Another of BalPEx is presented in "Business Park Varna, which will consist of nine buildings with a total built-up area total 160 thousand m at its completion, which include office, warehouse and commercial premises. Over 22 thousand sq m of land will occupy green areas. The exhibition will be displayed and the project "Business taun Sofia, unique to the centre of Sofia city in the city, which will be built to replace the former factory" Frost ". Over 43 thousand sq.m will deploy more than 90 thousand sqm office and residential buildings, restaurants and cafes, polyclinic, shops, hotel, cinema, meeting and exhibition halls, and open and underground parking for 1500 cars. The advantage of Business taun Sofia will be the proximity to main roads and distance apart at the center of Sofia - divide it by kilometre and a half square city. The industrial estate will be presented by Storage-STAD logistic complex, which extends on 6 hectares of the bypass of Sofia, near Kazichene. The complex will include 6 thousand seats rack 6500 sq m of living area and various offices, banking hall, showroom, commercial areas, a panoramic restaurant, underground parking floor. Except in the vicinity of the capital suitable areas for construction of this type of objects are the sea and river ports. Plovdiv is formed around three industrial zones-logistics - Rakovski, Kuklen, Maritza. Industrial bases be constructed in areas around Pazardzhik and Stara Zagora and Veliko Tarnovo. Central and Northern Bulgaria as a suitable area taking shape Gorna Oryahovitsa.