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Development Of Commercial Real Estates In Bulgaria

Author

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  • Vanya Antonova Pandakova

    (Department of Economics and Management Construction, University of economics – Varna, Bulgaria)

Abstract

Commercial real estates (modern shopping centers respectively) are an integral part of urban structure. Their development as real estate objects can be influenced by many factors. The present paper examines factors which determine the profitability of the shopping centers as commercial real estates and offers a comparative analysis with other European markets on key indicators, and on this basis, summarizes the main conclusions and recommendations on opportunities for development of shopping centers in Bulgaria. For the purposes of study, methods such as critical analysis and synthesis, induction and deduction and comparison and expert appraisal are being used. The results of the study are used to outline the main problems facing the shopping centers development in Bulgaria and necessary actions in this area.

Suggested Citation

  • Vanya Antonova Pandakova, 2016. "Development Of Commercial Real Estates In Bulgaria," Business & Management Compass, University of Economics Varna, issue 4, pages 423-437.
    • Handle: RePEc:vrn:journl:y:2016:i:4:p:423-437
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    More about this item

    Keywords

    commercial real estates; shopping centers; retail market; factors determining the profitability; development of shopping centers;
    All these keywords.

    JEL classification:

    • R33 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Nonagricultural and Nonresidential Real Estate Markets

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