Business Park Sofia: New “Building 15” for 30 Million Euro

Written by on February 21, 2017 in Bulgaria, Business, Economy, Latest - No comments
The Business Park in Sofia’s quarter Mladost IV, which already accommodates thousands of employees in countless IT and outsourcing businesses assembled here, is growing further.
Arco Property Holdings is constructing a new “Building 15”, the price tag for which is 30 million Euro, reports. According to the publication, it will be a “Class A” building once it is ready towards the end of 2018, offering more than 20,000 square meters of leasable space, five levels for offices, one for retailers as well as 260 parking spaces on two underground levels.
Two companies, KPMG IT Service and Bulpros Consulting, have already signed leases for the new building, says. The publication is quoting Hristo Moskov, the General Manager of the Business Park Sofia, saying the new building “will fit the high expectations of international tenants looking for state of the art office buildings.”
The Business Park houses Hewlett Packard, one of the largest employers in Bulgaria, Microsoft, IBM, C3i, Adecco Bulgaria and many other companies. Since the Metro was extended all the way to the Business Park, the thousands of employees can even get there easily.
Sofia is one of the most important outsourcing and call center locations in Europe. Due to low salaries and a work force consisting of qualified people who speak many foreign languages at a relatively high level, the Bulgarian capital is a natural habitat for companies in these fields, who are also appreciating the fact that there are many highly gifted IT experts in the country. 
F&F Magazine staff writers
Photo: An existing Business Park building, by Imanuel Marcus



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