Small House for sale Near Kavarna - ID 3819

Marks and spencer To Invest 50m Euro In Expansion On The Balkans 14/03/2008
The largest British clothing retailer Marks&Spencer Group Plc set up a joint venture with the Greek Marinopoulos Group to expand its business in Eastern Europe, Bloomberg reported on February 29. The British company acquired 50 per cent of Marks&Spencer Marinopoulos BV, which manages 38 outlets under franchise in Greece, Romania, Bulgaria and Switzerland, for  50 million euro. Marks&Spencer plans to open 50 new outlets on the Balkans in the coming years, Bloomberg said. The acquisition is a part of Marks&Spencer's expansion and investment strategy, which includes boosting the share of international revenues to between 15 and 20 per cent over the next five years. "Our joint venture with Marinopoulos will mean we can really put M&S on the map in this part of the world,''... more

City Development Acquires Properties Worth 193 000 Euro In Sofia 14/03/2008
Bulgarian real estate investment trust City Development REIT said it agreed to buy several properties in Sofia for 193 000 euro, with a view to subsequent sale, the company said in a filing with Bulgarian Stock Exchange (BSE). The company bought two garages, a fitness hall and a shop, which it hoped to sell for a combined profit of 87 000 euro. The garages were purchased at 11 989 euro and 13 186 euro and the minimum sale price of the first one is stipulated at 15 144 euro. The second one will be sold for no less than 16 656 euro. The purchase price of the fitness hall is 89 338 euro and the sale price is set at no less than 132 065 euro. The shop is acquired at 78 373 euro and will be sold at 115 855 euro in the least. All developments were owned by construction company Emil Vutkov... more