Colliers: Retail Market Overview H2 2021

In the second pandemic year, the modern retail market started to stabilize. The total area in shopping centers in Bulgaria remained unchanged – 796,000 sqm.

The total stock in retail parks at the end of 2021 reached 237,000 sqm concentrated in 25 projects. This represented 24% year-on-year increase.
The main shopping streets in the four major cities registered stable occupancy levels.

In the second half of 2021, stable prime rents were recorded, both in prime locations in the shopping centres and on Vitosha Blvd.

Read and Download the Retail Market Overview H2 2021 Report by Colliers