King Sturge, the international real estate advisory, is surveying opportunities for entering the Bulgarian market, company officials told investor.bg.

Preparations are still at a very early stage, with set plans and a detailed strategy yet to be clarified, company representatives said, adding that they had not decided whether to step directly onto the market or to penetrate through a local partner. The decision is to be made over the next several months.

“We will definitely need local expertise,” Liz Agar, European human resources manager at King Sturge, said, noting that it would prompt the employment of specialists familiar with Bulgarian market.

As far as the time span, she expected that the office would open late in the year.

King Sturge offers a wide range of services: consultancy in the field of real estate, asset management, advice on investments, acquisitions and mergers, project development, mediation in selling, purchasing and renting, value assessment services and related.

The company has 3800 employees in 150 own and associated offices in Europe, North and Central America and Asia.

On the Balkans it has offices in Greece as of 2003, in Romania as of 2005 and in Turkey as of 2007.