New investors on the real estate market in 2011

New investors are expected on the Bulgarian property market in the next months and this will shake it a little bit. The interest is expected to be in the properties for living,says a research of Colliers International. The experts wait a movement in the real estates market in the second half of 2011, for when are the expectations for economical growth. In this time the first signals for growth of of the property market must appear,says the research too. There is a big risk for shortage of living properties in the high class, because there are no new projects in this segment.

The searching for trade areas will be concentrated in the so called “soft cash and carry” , the small neighborhood shops and the fashion brands of the low price class. There will appear new hybrid shops uniting shopping and entertainment.

The prognosis of Colliers says that the main trading streets will turn back their strong positions and in the four big cities: Sofia, Plovdiv, Varna, Burgas the active renters will be fashion representatives, shoe stores, fast food and coffee shops.

The most contracts for renting of offices end in this year. This will make may companies to search office spaces in new attractive office buildings. The expected growth of 150 000 square meters of office spaces in the first half of 2011 will keep the rates low.

In the industrial spaces there is no expected big movement because of the no expected big investments.

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