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Development Of Commercial Real Estates In Bulgaria

Vanya Antonova Pandakova ()
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Vanya Antonova Pandakova: Department of Economics and Management Construction, University of economics – Varna, Bulgaria

Business & Management Compass, 2016, issue 4, 423-437

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.

Keywords: commercial real estates; shopping centers; retail market; factors determining the profitability; development of shopping centers (search for similar items in EconPapers)
JEL-codes: R33 (search for similar items in EconPapers)
Date: 2016
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