RPHI Bulgaria

What RPHI Bulgaria does

RPHI Bulgaria (legal entity Raiffeisen Property Management Bulgaria EOOD) is a privately-held Bulgarian property management subsidiary of Vienna-based Raiffeisen Property Holding International GmbH. It operates and leases Expo 2000 Office Park, a four-phase Class A commercial office complex on 55 N. Y. Vaptsarov Boulevard in Sofia, Bulgaria, totaling 31,623 sqm of gross lettable area and 461 underground parking spaces. The portfolio is developed across 2005 (Phase 1, 6,900 sqm), 2008 (Phase 2, 5,200 sqm), 2015 (Phase 3, 7,200 sqm), and 2017 (Phase 4, 12,323 sqm), and currently reports 100% occupancy across all phases.

The asset is differentiated by a full portfolio of sustainability certifications: Phases 1 and 2 received LEED Gold for Operations and Maintenance in 2024, Phase 3 holds both LEED Gold and DGNB Platinum (2015), and Phase 4 is the first building in Bulgaria to achieve LEED Platinum. Underlying infrastructure includes glass/aluminum facades, simultaneous heating-and-cooling HVAC, 20cm raised floors, fiber optic connectivity, automated building management systems, electronic access control, video surveillance, and 282-space parking on Phase 4. The company operates with a lean team of approximately six staff led by an Executive Director Bulgaria and supported by project, property, compliance, and office management functions; facility operations are delivered in partnership with VEOLIA.

Revenue is generated through multi-year commercial lease agreements with enterprise and mid-market tenants seeking premium, LEED-certified workspace in Sofia's prime business district. Pricing is quote-based and not publicly disclosed. The company markets through a direct B2B enterprise sales motion supplemented by a company website and organic social channels (LinkedIn, Facebook, Instagram). Geographic scope is single-country domestic (Sofia, Bulgaria).

Name

RPHI Bulgaria

Legal name

Raiffeisen Property Management Bulgaria EOOD

Website

https://expo-2000.net

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

RPHI Bulgaria (Raiffeisen Property Management Bulgaria EOOD) is a Vienna-headquartered Raiffeisen subsidiary that operates and leases Expo 2000 Office Park, a fully-let, four-phase LEED-certified Class A office complex totaling 31,623 sqm in Sofia, Bulgaria.

Ownership category

akta.pro rank

Product category

Commercial Real Estate / Office Space Leasing

SIC

Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Office Property Management (BPAJAGAA)

akta.pro secondary industry

Office Real Estate Asset Management (BPAJAMAG)

Keywords

• Commercial office leasing
• LEED certified buildings
• Property management services
• Class A office space
• Sustainable real estate

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Office Space Leasing: Rental income from leasing Class A office space across four phases. All spaces are reported as 100% let. Revenue is generated through long-term commercial lease agreements with enterprise tenants.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

RPHI Bulgaria operates the Expo 2000 Office Park, a four-phase premium commercial office complex in Sofia, Bulgaria, totaling approximately 31,623 sqm of LEED-certified leasable office space. The company leases Class A office space across Phase 1 (6,900 sqm), Phase 2 (5,200 sqm), Phase 3 (7,200 sqm), and Phase 4 (12,323 sqm) to enterprise and mid-market tenants under long-term contracts, with 100% occupancy across all phases. Revenue is generated through recurring commercial lease agreements supported by property management services.

Product overview

RPHI Bulgaria operates the Expo 2000 Office Park, a unified multi-phase commercial real estate development in Sofia comprising four LEED-certified office buildings totaling approximately 31,600 m². The portfolio includes Phase 1 (6,900 m², LEED Gold 2024) and Phase 2 (5,200 m², LEED Gold 2024) completed in 2005 and 2008 respectively, Phase 3 (7,200 m², LEED Gold + DGNB Platinum, 2015) featuring landmark architecture and integrated green areas, and Phase 4 (12,323 m², LEED Platinum - the first in Bulgaria, 2017) as the flagship building on Vaptsarov boulevard. The complex includes Vaptsarov Hall conference facilities and is managed under the Green Heart sustainability initiative commitment to LEED-certified development.

Differentiator

Problem solved

Functional benefit

Products and services

• Expo 2000 Office Park A unified multi-phase commercial office complex in Sofia, Bulgaria offering LEED-certified office spaces across four buildings (Phase 1-4) totaling approximately 31,623 sqm of gross lettable area, with 100% occupancy. Features sustainable design, modern building management systems, 461 underground parking spaces, fiber optic connectivity, and proximity to green areas, city center, airport, and retail amenities.
• Phase 1 Building A 6,900 sqm GLA Class A office building within the Expo 2000 Office Park, featuring glass/aluminum facade, high-standard HVAC with simultaneous heating and cooling, raised floors, modern building management, security card access, video surveillance, fiber optic communication, and 65 underground parking spaces. Awarded LEED Gold for Operations and Maintenance in 2024.
• Phase 2 Building A 5,200 sqm GLA Class A office building within the Expo 2000 Office Park, featuring glass/aluminum facade, high-standard mechanical/electrical installations, modern building management systems, security infrastructure, fiber optic communication, raised floors, and 59 underground parking spaces. Awarded LEED Gold for Operations and Maintenance in 2024.
• Phase 3 Building A 7,200 sqm GLA landmark Class A office building within the Expo 2000 Office Park, featuring a bold architectural design highly visible from all directions, integrated green areas, cafe at the building entrance, central staircase design, highly flexible HVAC and electrical installations, raised floors for cabling flexibility, sprinkler fire protection, electronic access control, video surveillance, and 55 underground parking spaces. Holds both LEED Gold and DGNB Platinum certifications.
• Phase 4 Building A 12,323 sqm GLA flagship Class A office building within the Expo 2000 Office Park, the first building in Bulgaria to achieve LEED Platinum certification. Located on Vaptsarov Boulevard with enhanced connectivity, recreational spaces, and 282 underground parking spaces. Designed to elevate the overall office park environment.
• Vaptsarov Hall Conference room facility available within the Expo 2000 Office Park for tenant use, supporting meetings, presentations, and corporate events for occupying tenants.

Quantifiable outcome

• 100% occupancy achieved across all four phases
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• VEOLIAcoreImplementation/ SI/ Consulting PartnerFacility management partner responsible for building operations and maintenance services at Expo 2000 Office Park. VEOLIA provides infrastructure services for sustainable building management.

Scale indicators5 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Immofinanz AG: Immofinanz is an Austrian commercial real estate company specializing in office (myhive) and retail properties across Austria, Germany, Poland, Hungary, Czechia, Romania, and Slovakia. Closely aligned office-led CEE portfolio and Austrian institutional shareholder structure.
• CA Immobilien Anlagen AG: CA Immobilien Anlagen is an Austrian-listed real estate investment company whose portfolio is concentrated in modern, sustainable office buildings across Austria, Germany, and CEE. Shares RPHI's Austrian institutional ownership lineage and the focus on premium office assets with strong sustainability credentials.
• HB Reavis: HB Reavis is a Slovak-founded workspace provider that develops and manages sustainable, BREEAM/LEED-certified office buildings across CEE and Western Europe. The sustainability-led positioning and CEE focus make HB Reavis one of the closest operating analogues to RPHI Bulgaria's LEED Platinum-led Expo 2000 strategy.
• Globalworth: Globalworth is the largest owner-operator of Class A office space in Central and Eastern Europe, with a portfolio concentrated in Romania and Poland. It is the most directly comparable peer to RPHI Bulgaria's Expo 2000 — a CEE-based owner and operator of premium, often LEED-certified office assets leased to multinational tenants.
• GTC Group: GTC is a Polish-headquartered real estate company that develops and operates Class A office buildings across CEE markets including Poland, Hungary, Romania, Serbia, Croatia, and Bulgaria. Directly comparable business model of owning and leasing modern office space to enterprise tenants across the same CEE footprint as RPHI Bulgaria.
• S IMMO AG: S IMMO is an Austrian real estate investment company with a portfolio of office, retail, and residential assets concentrated in Austria, Germany, Hungary, Romania, Bulgaria, and Croatia. Direct overlap in the Bulgarian and CEE office market with RPHI Bulgaria, and similar institutional Austrian shareholder base.

Regional players

• Echo Investment: Echo Investment is a Polish real estate developer and operator focused on Class A office, retail, and residential assets primarily in Poland. Operates a similar owner-operator model on Class A offices with sustainability credentials, but geographically concentrated in Poland rather than Bulgaria.
• Globe Trade Centre (GTC) - Bulgaria / AFI Group activities: AFI Group and similar investment groups actively develop and own Class A office properties in Sofia, directly competing with Expo 2000 for premium enterprise tenants in the same Sofia submarket. They represent the most directly competitive local Sofia peer set for tenant mandates.

Broad incumbents

• CPI Property Group: CPI Property Group is one of the largest owners of real estate in CEE and Western Europe, with a broadly diversified portfolio across offices, retail, residential, and hospitality. Comparable institutional real estate investor model, but operates at much larger scale and across multiple asset classes beyond office.
• Skanska Commercial Development Europe: Skanska Commercial Development Europe develops and leases modern, sustainability-certified office buildings in the Nordics, Poland, Czechia, Hungary, and Romania. Comparable sustainability-led office development model, but operates as part of the much larger Skanska global construction group.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/expo2000.officepark
• LinkedInlinkedin.com/company/rphi-property-management
• Instagraminstagram.com/expo_2000_officepark

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RPHI Bulgaria