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Rents for the main shopping streets in the first half of 2018 increase by 12% compared to the previous half-year and reach 55 euros per m² per month compared to 49 euros per square meter per month in 2017. This shows a report of Colliers International, a consulting firm for the market of the sales area in Bulgaria As a reason for the rise, the company highlights the shortage commercial space on the boulevard "Vitosha" In shopping centers, rents are maintained at a level of 39 euros per square meter and per month. New international brands entering the Bulgarian market in the first half are NYX, Sinsay and The Body Shop. Other international channels locate locations in Bulgaria Necklaces note that the space market in modern malls is entering a mature phase, as evidenced by a number of factors. The total supply remains at its level in the second half of 2017 – 400,660 square meters, while demand continues to be concentrated on approved projects (with employment levels above 95%) and significantly exceeds the supply in them. 14% of sales areas used during the period resulted from the internal relocation of existing tenants to shopping centers, reports Colliers. Bigboxes are the most active food chains that continue to find new sites in the country. In the first half of the year, these are Lidl, T-Market and Billa. In addition to expansion in terms of number of places, hypermarkets and supermarkets are introducing new concepts. In the first half of 2018, Retail Park Sredets diversified its commercial mix by adding the Bulgarian supermarket chain CBA and Eltron Lighting Shops to its tenants. shopping centers will continue to focus on optimizing their commercial mix, which will include the reorganization and reorganization of spaces over the next six months According to the firm, the share of the entertainment and recreation sector will increase
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