Retail Market Overview H2 2023 | Bulgaria

Retail parks continue their dynamic development in 2023, when 11 of them were opened in 11 different locations in the country – three of the Holiday Park brand (Stara Zagora, Haskovo and Pernik), Commercial Park Silistra, Razlog Retail Park, Knyazhevo Shopping Centre (Sofia), Retail Park Arena – Shumen, Kaufland Retail Park (Sandanski), as well as one each in Dimitrovgrad, Karlovo and Nessebar.

This brings the total lettable area of all the country’s operating retail parks to over 501,500 sqm at the end of 2023, spread across 58 sites.

Read more in our report.