Wednesday, March 21st, 2007
Komfort business center will offer highest office rental prices in Varna
Construction has already began in biggest Bulgarian coastal city Varna of the Komfort business center. According to investors Atanas Kosturkov, manager of Komfort Ltd, and Dimitar Iliev, manager of D-Trance Ltd, the construction will be finished within 18 months.
The cost of the 3.5 mln euro development will be partially covered by the investors with the remainder of the financing coming as bank loans. The 6,500 business center will offer Class A open-plan office space with rental prices from 20 euro/sq m. Rental levels at the competing Business Park Varna near Varna Airport vary from 10 to 15 euro/sq m.
The Komfort business center will be located opposite to the building of the Varna city hall, a site that will accommodate a further two office buildings. One is being developed by property investment company Landmark while the second one is a project by Cargoexpress, the Opel dealer for the Varna area. The buildings will share a 2 levels underground parking for 200 cars.
Dnevnik.bg
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