- The total value of completed transactions in the second half of 2020 was almost 90 mn euros, and for the whole year - 292 mn euros.
- 26% of this volume was due to transactions with offices, another 26% to development land, followed by retail space (20%), hotels (17%), industrial space (10%) and others (1%).
- The pandemic affected the yields levels in all three segments, at the end of 2020 they were: offices - 8.25%, retail space - 7.75%, and industrial space - 9.25%.
Investment Market Overview H2 2020
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Georgi Kirov joined Colliers in 2002 as Consultant Commercial Brokerage Services. Soon after he took the lead of the Investment Sales team and has overall responsibility for the Valuations team. He has led the Department since 2006 and provides consultancy services to local and international property developers and investors.
Prior to joining Colliers International Georgi completed an internship at the Bulgarian National Bank.