Bulgarian association of retail centers The Bulgarian Association of Retail Centers is established in 2020, and unites investors in a group of retail and other retail outlets, with an area for rent of at least 5,000 sq. m. The association was established to support, protect and represent the interests of its members.

The members of BARC are representatives of 13 shopping centers from all over the country or more than 50% of all centers eligible for membership, providing jobs to over 150 thousand people directly employed in the industry.

The association is voluntarily, non-political, non-governmental and non-religious organization.

Mission

The objectives of the Association are as follows:

• • To engage in, and encourage, the development of the Retail centers industry and its contribution to economic growth;
• • To achieve a regulatory environment that enables Retail centers to operate efficiently;
• • To promote industry best practices and a positive image of Retail centers including provision of a safe and pleasant environment for tenants and consumers, and
• • To support development of professionals operating on the retail real estate market.