In contrast to the problems of traders in the old neighborhood stores small shopping mall in Sofia are about to experience its renaissance, according to an analysis of the Address property. Demand for these areas grew by 12 percent per quarter, but transactions are concluded within two to three weeks. Because of high demand, especially in neighborhoods with many new developments, prices have fallen, but more important criterion for the development of the segment - the activity is wholly in favor of the owners of such assets, the company indicated. "If a year ago, demand for this type of property was twice less than supply today to 65% of available land has clients," said Tsvetelina Taseva, executive director of the agency. "The main reason is low prices and changes in shopping habits of consumers. When hypermarkets had not yet gained momentum, people shopping every day from one or two nearby supermarkets. But now that fashion has changed and the majority of households shop once to twice a week in some of the big chains, but inevitably had to supplement its needs from the shop in the block. With even greater force that applies to goods with lower durability, such as fruits and vegetables and flowers. They purchased most often accidental and naturally choose to close them, "explains Taseva. The profile of small traders who employ this kind of accommodation is varied. Most often found tenants for groceries, fruit and vegetables and cafes. Increasingly rare open pharmacies and service stations. In mid-table beauty salons (hairdressing, beauty salons) and flowers. Type Title shop for food and household goods 19% Cafeteria (including fast food restaurants and bakeries) 10% fruit and vegetables 12% shop for food and pet accessories 1% Pharmacy 4% Beauty 6% 1% service flowers and gifts 9% alcohol and cigarettes, 4% office supplies 3% Children's Shop 6% medical, dental surgeries 4% clothing (including towels, linens, etc.). 8% Other 13% Traditional neighborhood stores make lower turnover and profit from mark, but because of heavy traffic in the capital, people tend to buy certain goods for daily life of higher prices, saving time and transportation costs. On that count, and merchants that are attached with this business at a time of crisis. 'Personal respect they receive, and feel that they have not lost in the crowd, make people to remain sentimental shopping "in the block. This is part of social interaction and people are returning to it once in several years they went in the opposite direction - to shop in larger chains, even to travel long to do, "said Taseva. "With regard to services, there is a crucial cost-quality room. Then and easy access and parking places are important, but the center lacks these facilities. Therefore, traders prefer podblokovite spaces and neighborhoods, "added Taseva. The greatest demand in the old quarters as "YouTube", "Hope", "Bug." In recent months, increased activity in areas along the subway, since there Passenger increased significantly. Looking for stores with size from 80 to 100 square meters Larger rooms are rented to a combination of office and commercial activity. Rents for small neighborhood stores have decreased by 26.5% per year. The decline is significant, but lower than that of the main shopping streets, where experts reported 40% reduction levels. The largest is he "Monastery Meadows", "Hope" and "downtown" and the smallest - in the "Camp" and "YouTube". Expectations of the agency for the development of the segment are positive, especially in the coming months, when the season entails start new initiatives. Summer is easier to organize and finish work on the premises and the low prices of construction materials all make initiatives more viable. Average rents of neighborhood stores in Sofia Quarter 2009 2010% Amendment Pine ˆ 12,50 ˆ 9,00 -28,00% Vitosha ˆ 8,50 ˆ 6,50 -23,53% Geo Milev ˆ 9,00 ˆ 7,00 -22,22% Friendship ˆ 6,50 ˆ 5,00 -23,08% Bug ˆ 6,50 ˆ 5,00 -23,08% Camp ˆ 12,50 ˆ 11,00 -12,00% Lozenets ˆ 14,00 ˆ 9,00 -35,71% Str ˆ 8,00 ˆ 6,50 -18,75% Man. Meadows ˆ 10,00 ˆ 7,00 -30,00% YouTube ˆ 12,50 ˆ 10,50 -16,00% Hope ˆ 6,00 ˆ 4,00 -33,33% Shooting ˆ 9,00 ˆ 7,00 -22,22% Stud. City ˆ 12,00 ˆ 10,00 -16,67% Centre ˆ 20,00 ˆ 16,00 -20,00%