Businesses faced with the dilemma how to streamline costs, often including a large share of the rent office space. One of the measures to be taken is the migration from old to new offices, according to observations of the consultants on the capital market. For how many of the companies accommodated in residential buildings, will switch to the business office complexes, opinions among experts differ, the survey shows Investor.bg. Migration Ie changing the office is the basis of absorption of new office space in Sofia this year, think of NAI Procon. According to Yani Stoimenov, executive director of the Company for the period is noted only "an exodus of tenants' offices from old to new, higher rents to the lower and larger areas to smaller and more optimal . According to the Bulgarian division of Colliers International companies now have the opportunity to optimize office space, they can choose among many good projects at competitive prices and conditions of hire. Companies interested in the possibilities of new business centers are those who see the options for optimization and are willing to take advantage of them, move into an office building in higher class, consider the consultants. Expectations for the movement of offices to residential buildings in the business offices are different. According to NAI Procon office market has two main customer groups. The latter seek office buildings in the image of the price range of up to 15 euros per sq m per month, while the other group is looking for office staff at a price to 7 per sq m. Both tend to reduce the costs due to lower business and income considered by the company. In their movement from housing, where prices will not exceed 3 to 5 euros per sq.m. for offices will be weak. However, offices will continue to change the address, location and square will be changed and the price. Overall, the trend will continue to reduce prices and they will be closer to European levels of 8 -12 euros per sq m, said Stoimenov on areas in office complexes. According to Colliers, however, the ratio of occupied offices in occupied office buildings and offices in residential buildings will increasingly be developed in favor of the former, although there will always be companies whose offices are located in residential buildings - and this depends on compliance with the relevant regulatory norms. Companies who leave their old offices located in residential buildings are mostly attracted by the opportunity to benefit from market novoizlizashtite projects that can offer a combination of modern facilities, technique, parking lots, maintenance and management of the building adequate air conditioning, efficient allocation of offices, etc., considered by the company. Predictions In some areas differ and estimates for development of office market by the end of 2010, According to Colliers after mid-year will feel the buzz, and rents will stabilize. However, the level of vacancy of office space in Sofia will continue to increase because of relatively weak demand and market entry of new offices. From NAI Procon expect rents to continue to fall, it is possible to decrease almost doubled. Currently, most large multinational companies are being predogovoryane levels of employees and rents office space from two years ago. Expectations are that in most cases be beneficial to tenants. The lack of quality office space will force businesses to reorganize their business and offer new alternatives tenants, higher quality at moderate prices, says Stoimenov. Professional management of the office space will become increasingly important for attracting and retaining tenants. According to NAI Procon share of vacant office space will increase from 15% to 23% over the next few months. Buy or rent Purchasing office is a practice mainly popular among the Bulgarian companies, explained by Colliers. Foreign companies prefer to hire offices because their lease provides greater flexibility - so they can more easily employ additional space or to optimize already hired. In the last year few Bulgarian companies resorting to purchasing offices, mostly because of ignorance of how it will continue to grow their business. Of Colliers believe that the recovery of the market trend will be paid by local companies who are planning to buy a house would do. New Projects Projects for new office buildings run continuously. They are a different price range, with different and "exotic" architecture of different heights. The problem appears when these buildings were completed, because they are working on filling the buildings until they are built. This should be a process that runs parallel with the construction of the building. Finding new tenants suggests the presence of investors and new companies are attracted to our country, "said Stoimenov. Of Colliers also not exclude the possibility to witness the construction of new buildings. However, they will have to comply with the existing environment already built and volume of office projects, as well as reduced demand and more expensive financial resources.