Wednesday, 18 March 2026
Revetas Capital has started construction of a new logistics building, B04, at Sofia Airport Center (SAC), a mixed-use business park located near Sofia International Airport.
The start of works was marked by a ceremonial groundbreaking event on 16 March, including the traditional “First Sod” ritual and a Vodosvet blessing.
The B04 building will provide around 5,700 sqm of gross lettable area, including approximately 5,000 sqm of logistics space and 700 sqm of office space. Completion is scheduled for February 2027.
Yavor Michev, Project Development Director at CERES Management Services, said: “The B04 building will deliver approximately 5,700 sqm of gross lettable area, comprising around 5,000 sqm of Class A logistics space and 700 sqm of modern office accommodation, with completion scheduled for February 2027. Designed to meet the requirements of modern logistics and light industrial occupiers, the project integrates robust technical specifications, full MEP installations, and dedicated fire protection systems. In addition, new internal road infrastructure and an additional access route will enhance circulation and functionality across the entire Sofia Airport Center logistics platform. With construction now underway, our focus is on efficient execution and timely delivery.”
Sofia Airport Center hosts a range of occupiers across logistics, distribution, air cargo, manufacturing and technology sectors. The existing logistics space within the park is fully occupied.
The new B04 building is already 65% pre-let, with ongoing negotiations for the remaining space.
Vlad Dragoescu, Partner and CEE Head of Portfolio Management at Revetas Capital, said: “B04 is more than a single building – it is the first proof of concept for the warehousing and logistics development potential that has always been embedded in Sofia Airport Center. SAC is a landmark property unlike anything else in Sofia: it combines 17,300 sqm of Class A offices and retail premises with 16,300 sqm prime logistics space, a 9,000 sqm landscaped park and lake, resort standard amenities, and direct adjacency to Sofia International Airport – all on a 12 hectare site with the infrastructure, connectivity and zoning to support a full scale logistics campus. With Bulgaria now in the eurozone, prime logistics vacancy at a record low and virtually no comparable competing supply in the pipeline, the timing to activate this potential could not be better.”
He added: “B04 is our pilot project, but the real story is what comes next. Beyond this building, Sofia Airport Center holds approximately 6 hectares of development land capable of delivering around 57,000 sqm of additional Class A logistics and warehouse space, including buildings C01 at approximately 6,000 sqm and C02 at approximately 3,800 sqm, that are in pre-development phase. That is an exceptional pipeline concentration for a single site in Sofia, and B04 gives us the operational track record, tenant demand validation and infrastructure backbone to accelerate it. We see SAC evolving into Sofia’s premier logistics destination – one that also happens to offer its occupiers something no conventional industrial park can: the environment, amenity and connectivity of a unique social and business campus.”
