Nice Rural House Near Yambol - ID 3270

Brokers Say Crisis Sobers Up Property Market 07/10/2008
The financial turmoil has affected the Bulgarian property market positively in protecting it from saturation and even a bubble, experts and consultants have said.The crisis has impacted both housing and business projects and driven scores of investors out of Bulgaria's densely overbuilt mountain and seaside resorts.The retail centre segment is also braced up for a cool-off, and only a handful of the shopping centres set to mushroom all across the country will be completed, according to property experts."The situation is on the whole healthy rather than alarming. This means that it is only projects with solid investor capacity, a good concept and a long-term strategy that will be realised," Colliers International co-manager David Davidov said.Forton International's Sergei Koinov said... more

Bulgarian Iris To Pour 30 Million Euro In First Stage Of Business Park Rousse 11/09/2008
Bulgarian construction firm Iris will put about 30 million euro into the first stage of construction of Business Park Rousse, managerial agent Rostislav Dimitrov said.The main goal is to build an upscale office park that meets international work, communications and service standards, Iris CEO Miglena Dimitrova said.One of the sections in the three-part building in the north-eastern city of Rousse will welcome tenants in the first quarter of 2011.The park will cover a 2.3 hectare plot. The first stage will deliver 32 000 sq m of floor area and will employ 1800 people upon completion.Iris stared as a textile company, but later switched fields of activity to real estate and logistics, supervisory board chair Bogomil Dimitrov said. more