We use cookies to ensure you get the best experience on our website.

I Agree!
Български English
BG EN

Platinum Business Center

Owner: Bulgaria Platinum Group JSC

The project consists of 3 connected buildings consecutively built from 2000 to 2008. The project was purchased in June 2016. R&M Management was immediately assigned from Bulgaria as a Management Company provider.

Platinum Business Center consists of 9,470 Sq m gross build-up area; over 6,700 Sq m gross rentable area; 8 floors and additional 210 Sq m of terraces; 2-level underground facility to serve 70 parking lots in a 1,515 Sq m of space; an open parking area; 6 Schindler passenger elevators. Adjusted to the Building Complex there is a plot of 667 Sq m suitable for further development.

Photos by Nick Pandev

Among the most important facilities are the telecommunication ones - Ethernet, ISDN, and video conference facilities; the central heating and air conditioning facilities; Utility - EIB on-site system with a connection to two city zones of electricity and two own transformers Siemens.

Project Activities

R&M Management Ltd. was involved in the project from the beginning of 2016 as a consultant;

Survey (inspect, investigate) of the company Bulgaria Platinum Group (as an owner of the activity);

Full due diligence (financial, legal, technical);

Purchase phase (due diligence – legal, transaction and mortgage);

Financing phase (auditing the company, investment loan application and management, tax planning and structuring the purchase);

Property management phase (maintenance and renovation);

Facility management (service agreements and activities);

Marketing and lease services (lease agreements administration and negotiations)

Decorative Line

Business Overview

The project has approximately 8 million euros investment. During the purchase phase, two major tenants determined their lease agreements. The occupancy then was less than 60%. For only a few months R&M Management increased the occupancy by 20%, reaching 80%.

Decorative Line

Status

Property and facility management ongoing.

10%
20%
30%
40%
50%
60%
70%
80%
90%
Occupancy
100%

Location

ul. "Bacho Kiro" 26, 1000 Sofia, Bulgaria

Our Recent Projects

Business Park

Mixed Use Building Complex

View Project Detail
Business Park

Fish Farm with dedicated service facilities and areas

View Project Detail
Business Park

Housing Complex with control of access

View Project Detail
Business Park

Boutique Office Building

View Project Detail
Business Park

Residential Complex with control of access

View Project Detail
Business Park

Residential Complex Park & Spa

View Project Detail
Business Park

Supermarket in the Residential Complex Podvis Park

View Project Detail
Business Park

Commercial Property

View Project Detail
Looking for an office space?
Don't hesitate to contact us!
Learn More About Our a-Z Services