Colliers International Bulgaria reported on November 7 2007 that it had concluded, what it called the largest ever logistics and industrial transaction in Bulgaria for 22 000 sq m warehouse area in Bulgaria's capital.
The deal was for a warehouse space and logistics centre at the industrial park Sofia East for distributor Kaven Orbico, a Colliers media statement announced. Industrial park Sofia East is an industrial development project in the Elin Pelin municipality, around 20 km from Sofia.
Atanas Garov, managing director of Colliers Bulgaria, told, “I am very proud that our Industrial and Logistics team has made history in Bulgaria with this landmark transaction.”
The centre would be developed in three stage within as many years and would gradually be occupied. When completed, the logistics centre would supply facilities including international-standard dry warehouse and cold storage, office premises and parking, the media statement announced.