Official opening of Logistics Park Varna in Bulgaria (BG)

The mayor of Varna, Kiril Yordanov, and Mario Zahariev, Chairman of the Board of Directors of FairPlay Commercial, participated in the opening of the first building of Logistics Park Varna (LPV) - Building A1. This is the first operational building in the complex, offering high-quality contemporary warehouses, administrative offices and retail space.

Building A1 in Logistics Park Varna is of mixed type - warehouse and office. It has a footprint of 5,114 m² and TBA of 6,405 m² (including 5,060 m² of warehouses, 385 m² of retail space and 960 m² of office areas) and is located in the southeast part of LPV. Among the first tenants of Logistics Park Varna are international and Bulgarian companies operating in a wide range of industries such as pharmaceutical, food distribution, spedition services, and more.

Located in the Western Industrial Zone in Varna on the Black Sea coast, Logistics Park Varna has a total build-up area of more than 120,000 m², including high-quality warehouse space, administrative offices, and wholesale outlets. Logistics Park Varna provides ready-to-use warehousing space for rent. All buildings are professionally planned for maximum flexibility and facilitated expansion. In addition to standard warehouse space, Logistics Park Varna will provide specialized premises, including cold store and optional cross-docking facilities.

The investor of Logistics Park Varna is FairPlay Commercial, one of the leading investment and construction companies. The exclusive real estate consultant of the project is Colliers International, a market leader in the real estate services sector.

"We are convinced that Logistics Park Varna is a landmark project for the city of Varna due to its innovative concept and the high standards it will introduce," said Mario Zahariev, Chairman of the Board of Directors of FairPlay Commercial. He emphasized that LPV is a project that benefits from Varna's strategic advantage of providing sea, air and land transport accessibility.

"Logistics Park Varna is a totally new type of real estate project in the industrial segment in Bulgaria. The combination of flexible warehousing solutions, contemporary facilities and ample amenities create an excellent business environment for logistics and transportation companies, as well as for retailers and distributors," added Atanas Garov, Managing Director of Colliers International in Bulgaria.

Source: Colliers

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