{"id":25065,"date":"2020-09-03T18:42:24","date_gmt":"2020-09-03T15:42:24","guid":{"rendered":"https:\/\/investsofia.com\/en\/?p=25065"},"modified":"2020-09-08T12:52:24","modified_gmt":"2020-09-08T09:52:24","slug":"new-37900-sq-m-modern-storage-areas-put-operation-two-logistics-parks-near-sofia","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/new-37900-sq-m-modern-storage-areas-put-operation-two-logistics-parks-near-sofia\/","title":{"rendered":"New 37,900 sq.m Modern Logistics Space into Operation in Two Logistics Parks Near Sofia"},"content":{"rendered":"<div id=\"modal-ready\"><p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-25010 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia.jpg\" alt=\"\" width=\"316\" height=\"158\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia.jpg 1066w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia-300x149.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia-1024x510.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia-768x383.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia-600x299.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia-260x130.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia-50x25.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Industial-Space-Bulgaria-Sofia-150x75.jpg 150w\" sizes=\"(max-width: 316px) 100vw, 316px\" \/>According to a quarterly report by the Cushman &amp; Wakefield Forton consulting company, the second quarter&#8217;s industrial space market reported ongoing activity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After a difficult start to the year, Sofia&#8217;s market is improving the results both in terms of leased space and in projects under construction. The fifth and sixth buildings of East Ring Logistics Park and the first stage of Logistics Park Sofia have been put into operation. The two facilities add 37,900 square meters of modern storage space. Another 166,652 square meters of logistics space are under construction in Sofia, and the investments are mainly from owners.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The total utilization for the second quarter of 2020 exceeds 24,000 sq.m. Logistics, distribution, and courier companies are active in the rental segment, mainly due to the growth of online trade. Rental levels remain stable &#8211; 3.8 euros \/ sq.m for larger facilities and 4.2-4.4 euros \/ sq.m for medium-sized ones.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The country&#8217;s industrial market is dominated by production areas, mainly for automotive components and light industry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For more data from the second quarter, see the report <a href=\"https:\/\/cwforton.com\/uploads\/research2016\/MarketbeatIndustrialBulgariaQ22020.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Marketbeat Bulgaria: Industrial Q2 2020 <\/a><\/span><span style=\"font-weight: 400;\">of Cushman &amp; Wakefield Forton. Find an overview of the markets for retail and office space in the second quarter <a href=\"https:\/\/cwforton.com\/en\/topic\/4\/research\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>According to a quarterly report by the Cushman &amp; Wakefield Forton consulting company, the second quarter&#8217;s industrial space market reported [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[169],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.14 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New 37,900 sq.m Modern Logistics Space into Operation in Two Logistics Parks Near Sofia | Sofia Investment Agency<\/title>\n<meta name=\"description\" content=\"According to a quarterly report by the Cushman &amp; 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