Nice Rural Property Near Yambol - ID 3266

Colliers Concludes Transaction For 22 000 Sq M Warehouse In Bulgaria 10/03/2008
Colliers International Bulgaria announced on November 7 2007 that it had concluded, what it called the largest ever logistics and industrial transaction in Bulgaria for 22 000 sq m warehouse space in Bulgaria's capital. The deal was for a warehouse space and logistics centre at the industrial park Sofia East for distributor Kaven Orbico, a Colliers media statement said. Industrial park Sofia East is an industrial development project in the Elin Pelin municipality, around 20 km from Sofia. Atanas Garov, managing director of Colliers Bulgaria, said, “I am very proud that our Industrial and Logistics team has made history in Bulgaria with this landmark transaction.” The centre would be developed in three stage within as many years and would gradually be occupied. When completed,... more

Property Investment In Bulgaria Not So Profitable Anymore 07/03/2008
The investment in property is not as profitable as it used to be, an Industry Watch report shows. Investment in Bulgarian property fails to bring the same material returns, Dnevnik newspaper reported. Other economic sectors take the lead in investment returns. Among these investments are ones in crude resources like petroleum. Property prices increased on the average with 21.6 per cent between December 2004 and December 2005. Currency investment in US dollars is the only one that brought smaller increase of 13 per cent, the Industry Watch report shows. The high construction rate remains constant. Construction works are highly focused with two thirds of the new constructions appearing in five major cities. Bourgas remains the city with highest number of construction permits, followed... more