Revetas Capital starts construction of a logistics complex near Sofia Airport

British real estate investment fund Revetas Capital has announced the start of construction of a new logistics building at Sofia Airport Center (SAC), a mixed-use business park located next to Sofia International Airport. The project reflects the growing role of Sofia as one of the leading logistics and distribution hubs in Southeast Europe.

The new B04 building is already 65% pre-let, while negotiations are ongoing for the remaining space with local and international companies from the logistics, distribution, freight forwarding and light industrial sectors. This level of pre-commitment before completion indicates sustained demand for high-quality Class A logistics facilities in the Sofia market.

According to the project details, B04 will provide approximately 5,700 sq m of gross leasable area, including around 5,000 sq m of Class A logistics space and 700 sq m of modern office premises. Completion is scheduled for February 2027.

The existing logistics component of Sofia Airport Center is currently fully occupied. The complex combines about 17,300 sq m of Class A office and retail space with 16,300 sq m of top-tier logistics space, supported by a diversified tenant base and strong operational performance.

Beyond B04, Sofia Airport Center has around 6 hectares of developable land with the potential to deliver approximately 57,000 sq m of additional Class A logistics and warehouse space. The next planned phases include Building C01 of around 6,000 sq m and Building C02 of approximately 3,800 sq m, both currently in pre-development.

IDR comment

The launch of this new logistics project near Sofia Airport is more than a local real estate development. It signals a broader regional trend: international investors continue to channel capital into logistics assets located at major transport nodes where air connectivity, urban markets and freight flows intersect. For the wider Black Sea-Danube region, this confirms that competitiveness is increasingly shaped by the quality of logistics ecosystems and the ability to attract private investment into modern infrastructure.

For Ukraine, this case is particularly relevant in the context of future recovery and regional integration. It demonstrates the type of infrastructure model that may become especially востребованным in the coming years: integrated logistics platforms near key transport hubs, combining warehousing, distribution, office functions and light industrial use. In this sense, Bulgaria’s logistics expansion also serves as a practical benchmark for the modernization of transport-adjacent development across the wider region.