RETAIL PARKS BULGARIA 2020 RETAIL PARKS | CEE CZECH REPUBLIC POLAND POLAND 1 1,480,000 1 2,150,000 2 140,000 Warsaw 2 400,000 3 8 - 12 3 8 - 12 CCC, Deichmann, dm drogerie, JYSK, Aldi, Carrefour, CCC, Deichmann, JYSK, KiK, 4 Kaufland, KiK, Lidl, OKAY, Penny Market, 4 Pepco, Pet Center, Sportisimo, Takko Media Expert, Martes Sport, Neonet, Pepco, Tedi TK Development, Saller Gruppe, CPI, Prague Saller, Trei, Immofinanz, 5 Immofinanz, Trei Real Estate, Intercora, Karuzela Holding/Mitiska KPD Group 5 CZECH REPUBLIC Reim, Capital Park, Budrem, ROMANIA Napollo, KG Group, Dekada 1 1,160,000 SLOVAKIA 2 373,000 1 554,400 SLOVAKIA Bratislava 3 7 - 15 2 125,400 3 8 - 9 Carefour, C&A, CCC, Deichmann, HUNGARY 4 H&M, Intersport, JYSK, Kaufland, dm drogerie, Dracik, JYSK, Budapest Pepco, Sportisimo, Takko 4 Kaufland, KiK, Lidl, Pepco, 1 560,000 Pet Center, Super Zoo, Tesco 2 93,000 HUNGARY Cora, Ceetrus, Mitiska Reim, 5 NEPI Rockcastle, Prime Kapital Discovery Group, FORESPO, 3 6 - 12 ROMANIA Immofinanz, NEPI 5 Aldi, Brendon, C&A, Rockcastle, SPD spol, Tatra dm drogerie, Decathlon, Asset Management 4 Deichmann, Diego, JYSK, KiK, New Yorker, Takko Belgrade Bucharest COUNTRY 5 Diófa, Revetas, Immofinanz BULGARIA 1 174,600 1 NATIONWIDE STOCK (SQM) SERBIA SERBIA 2 65,500 1 414,550 2 CAPITAL STOCK (SQM) 3 6 - 10 2 91,200 TYPICAL RENTS Billa, dm drogerie, Decathlon, 3 3 5-12 JYSK, LC Waikiki, Lidl, KiK, (EUR/ SQM/ MONTH) BULGARIA 4 MatStar, Praktiker, Pepco, JYSK, Jumbo, LC Waikiki, Takko, Extreme Intimo, Sport Depot, Zora 4 MOST COMMON TENANTS 4 Decathlon, Pet Centar, dm drogerie, Deichmann, Bluehouse Capital, Gazit Univerexport, Dexy Co Kids, Gigatron, DIS Globe Group, Prime Leasing, 5 MAIN DEVELOPERS/ OWNERS 5 Trinity Capital, Praktiker BIG CEE, Immofinanz, Mivne Group, Aviv Arlon, 5 Bulgaria 2 RC Europe RETAIL SPACE IN RETAIL PARKS PER 1,000 INHABITANTS POLAND NATIONWIDE DENSITY Warsaw POLAND 56 CAPITAL DENSITY WARSAW 227 Prague CZECH REPUBLIC 139 CZECH REPUBLIC PRAGUE 106 SLOVAKIA SLOVAKIA 102 Bratislava BRATISLAVA 292 Budapest HUNGARY 57 HUNGARY ROMANIA 62 BUDAPEST 53 BUCHAREST 198 ROMANIA Belgrade Bucharest SERBIA 60 SERBIA BELGRADE 78 BULGARIA 25 BULGARIA SOFIA 52 3 RETAIL PARKS | BULGARIA TOTAL STOCK Ruse Dobrich 174,600 SQM >100,000 >80,000 Montana Pleven 1 >30,000 ~100,000 Razgrad Varna 1 ~30,000 Veliko Tarnovo >100,000 NUMBER OF Vratsa VACANCY >50,000 ~70,000 1 2 PROJECTS Kostinbrod 1 Shumen <30,000 >70,000 1 Sliven 7% Soa >80,000 15 > 100,000 Burgas 3 Pazardzhik >100,000 Kyustendil ~70,000 2 >30,000 Yambol RENTS UNDER 4 ~70,000 CONSTRUCTION 1 Dupnitsa Plovdiv Haskovo PROJECTS ~30,000 >100,000 ~70,000 1 1 6-10¤ Blagoevgrad /SQM/ MONTH >50,000 4 existing under construction Kardjali potential city >40,000 SERVICE CHARGE LOCAL DEVELOPERS/ OWNERS 1.0-1.5¤ /SQM/ MONTH 89% Source: NSI, Colliers International 4 RETAIL PARKS | BULGARIA CATEGORIES DISTRIBUTION INTERNATIONAL OPERATOR/ FRANCHISE FURNUTURE FASHION SUPERMARKET CHILDREN & ELECTRONICS 9% & DIY MATERNITY 8% 39% 10% 9% 7% LOCAL OPERATOR 40% SPORTS HEALTH & SERVICES SHOES & BAGS CAFÉ, RESTAURANTS EQUIPMENT BEAUTY & FAST FOOD INTERNATIONAL 51% OPERATOR/ DIRECT 6% 3% 3% 2% 2% HOME ZOO STORE ENTERTAINMENT VACANT DÉCOR & LEISURE 1% 1% 1% 7% *A Retail Park is defined as a purpose-built development with at least three units covering 2,000 sqm or more of lettable floorspace, with centralized management and an ample car park environment. 5 RETAIL PARKS | BULGARIA DISTRIBUTION < 5,000 sqm STRUCTURE OF AVAILABLE SPACE BY SIZE 8% N = 4 < 500 sqm > 15,001 sqm 58% 34% 5,001 - 15,000 sqm N = 4 N = 7 7% 501–1,000 sqm 25% DISTRIBUTION < 5 tenants > 1001 sqm 68% BY NUMBER 7% OF TENANTS > 11 tenants 55% 39% 6-10 tenants *A Retail Park is defined as a purpose-built development with at least three units covering 2,000 sqm or more of lettable floorspace, with centralized management and an ample car park environment. 6 RETAIL PARKS | BULGARIA TYPICAL TENANT MIX BY CATEGORY TOP 5 RETAIL PARKS BY SIZE SUPERMARKET Name Investor GLA (m2) Number of tenants Jumbo Plaza Trinity Capital 28,995 16 ELECTRONICS Retail Park Plovdiv Prime Leasing 26,439 12 FURNITURE & DIY Retail Park Sredetz Prime Leasing 25,743 7 FASHION CBA Property Retail Park Investments / 20,086 13 Veliko Tarnovo HEALTH & BEAUTY Praktiker Bulgaria ZOO STORE Retail Park Varna Bluehouse Capital 14,866 10 7 RETAIL PARK YAMBOL Symbol of modern lifestyle and prosperity, Retail Park Yambol is a modern shopping format, developed TENANTS contributing to the social life, business and by Trade Center Yambol. The total size of the complex is 33,592 sqm and includes a supermarket, 10 shops, dining economy of the city of Yambol Lidl places, children playground and summer garden. The official opening of Retail Park Yambol is scheduled for November 2020. dm LC Waikiki LOCATION KiK Retail Park Yambol has a central location in the city of Yambol. The investor has built a bridge over Tundzha Mat Star river to connect the complex with the main arterial road of the city and facilitate the passage of residents from two of the main city neighbourhoods. Customers from the surrounding cities, such as Burgas, Stara Zagora, Sliven are CONTACT Trade Center Yambol also expected to be attracted to visit Retail Park Yambol. 15, Dragoman Street, Office 3, Sliven tel. 0885 90 38 FOR MORE INFORMATION Dimitrinka Rakovska Adriana Toncheva Manager | Retail Services Senior Market Researcher phone: +359 2 976 9 976 phone: +359 2 976 9 976 [email protected] [email protected] retailmap.bg Colliers International | Sofia European Trade Center 115K Tsarigradsko Shose Blvd. Build. B, 7th floor | 1784 Sofia phone: +359 2 976 9 976 The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made to ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult their professional advisors prior to colliers.com acting on any of the material contained in this report. Colliers International | Bulgaria Copyright © 2020 Colliers International..