The team of Colliers International Bulgaria Logistics & Industrial has finalized the largest ever single transaction in this sector in Bulgaria, the company told the media in a press release. Colliers consultants structured and brought to a successful conclusion the complex 22,000 m2 deal between leading distributor Kaven Orbico and Industrial Park Sofia East.

The space will be developed in three stages within the next three years and gradually occupied by the client. When completed, the new logistics center will provide Kaven Orbico with state-of-the-art facilities including international standard dry warehouses and cold store, picking area, office premises, convenient parking and high level of security.

Kaven Orbico is the official distributor of a number of well-known in the world brands to the Bulgarian market. The company supplies with products of leading producers such as Procter&Gamble, Philip Morris, Shell lubricants, Mars, and SC Johnson. Kaven Orbico is also authorized dealer of M-tel vouchers and Prima cards.

Industrial Park Sofia East is a pioneering project located in Elin Pelin municipality, around 20 km from Sofia. It will provide space for light manufacturing, logistics and warehousing, benefiting from completely integrated infrastructure. Its proximity to the two main traffic corridors – Trakia and Hemus highways is complemented with its excellent location in relation to three Trans-European Corridors (ETC 4, ETC 8 and ETC 10) and direct access to railroad and Elin Pelin train station.

Colliers International is a leading international real estate consultancy with more than 260 offices in over 50 countries. Worldwide Colliers manages more that 62.5 million m2 and has over 10,000 highly qualified professionals.

The company has been active in Bulgaria since 1991 and has become the unquestionable market leader in providing comprehensive real estate services. Currently Colliers Bulgaria represents some of the most innovative and professionally planned projects in all segments of the real estate industry, including offices and business parks, retail, logistics and industrial, residential and holiday homes.