About us

MBR is a commercial real estate advisory company, based in
Plovdiv, Bulgaria.

Our advantage is the extensive experience in managing retail parks and malls of various sizes and in all phases of a project’s life cycle – planning, construction, and management.

The company operates in fields of retail real estate development and management and provides the following services:


Pre-developmental services

We will make preliminary assessment of the financial feasibility of the project and will make optimization proposals, based on:

Opportunities research: catchment areas, demographics, locations, retailers.

• Conceptual planning – size of the project, public amenities and/or improvements

• Financial vitality of the project – formation of EBITDA/NOI based on future revenues, expenses, OPR and OPP.

Design & Construction

We will consult your project during the design and construction phases of the project from retail and property management perspective.

We will attend periodic meetings in these regards.

Leasing & Tenant Coordination

We don’t just rent out, we provide full service – from planning the mix to delivering the center to the finished store.

• Preparation of the leasing plan, based on location and catchment area.

• Leasing of the project to international and local retailers.

• Tenant coordination:

– Coordination, administration, and monitoring of the design and construction of commercial properties.

– Gathering necessary contract documents – insurances, bank guarantees.

Setting-up the scheme

In case you decide to run the project after opening by your own, you can count on us for:


• Conducting tenders and other procedures to select optimal contractors.

• Team training.

• Creating and implementing standard operating procedures.

• Preparation of the first budget of operational expenses, incomes and cash flows.

Property & Facility Management

If you entrust us with your project, you will receive full property management services after its opening:

• Leasing management – new negotiations and renegotiations.

• Marketing management.

• Facility management.

• Tenant relations management and debt collection.

• Budgeting and planning.

Redevelopment & repositioning of distressed properties

Sometimes, when things aren’t going well and waiting for better days doesn’t help, it’s time for a change.

We can help you with repositioning and redevelopment of the scheme. We will start from the begininig – research of the opportunities and we will go all the way – redevelopment of the tenant mix, layout and/or buildings.