The most contemporary, high-tech development in Bulgaria, Business Park Varna, is opening in the beginning of August. Prior to the opening, 80% of the available office space will be leased. Business Park Varna is the biggest investment project in Eastern Bulgaria, with the total investment exceeding €50 million. In only 8 months the multifunctional project has attracted an impressive portfolio of tenants and partners. The unique project comprises nine buildings with a total build-up area of 120,000 m², and is expected to be completed within 4 years.
A number of leading international companies have already leased offices in the first building in Business Park Varna. Among them are EON, Office 1 Superstore, Hilti, SKF and consultancy company EQE. Porsche Bulgaria will have a showroom, and several leading banks and insurance companies have already secured office space in the business park.
The project is also attracting new companies who would like to develop their businesses in Varna, providing them with the highest standards in terms of business environment. The preparation for the construction of the next 2 buildings (6 & 8) has already taken place. Building 6 has been leased already and will be finished in a year, and the leasing process is underway for building 8.
The successful leasing campaign has clearly shown that there is a substantial demand in the market for the kind of high-standard, cost-efficient business solutions that Business Park Varna offers. Leasing of office space in Varna is approximately 30% cheaper than in Sofia.
Business Park Varna is located only 7 minutes from the regional hub of Varna and is close to the International Airport. The multifunctional buildings provide Class A office space of the so-called open space type, allowing flexible partitioning according to the requirements of the tenant. The flexible layout provides office solutions appropriate for both small and large companies.
As the first project of its kind in Bulgaria, Business Park Varna provides a unique green approach. This is achieved not only because of the 22,000 m² of green areas but also through the modern heating system, which operates with low energy consumption. This system provides complete comfort for the tenants by continuously circulating fresh air to any work place in the building as well as to the common areas. Another attractive attribute of Business Park Varna is the huge number of places for rest in park-like settings.
Business Park Varna has an independent power and telecommunication supply, including IP phones for every working place as well as high speed internet. The project provides more than 1,500 surface and underground parking spaces. The tenants enjoy a wide spectrum of advantages, including property and facilities management, rent-a-car, shops and restaurants.
By creating the ultimate business and communication environment for local companies, the project stimulates the dynamic developing economy of Varna. The investor behind the project is Sistek Holding PLC, and the exclusive real estate consultant is Colliers International.
Source: Colliers International