Village House Near Elin Pelin - ID 3080

Us Prologis Pours Another 91.7m Euro In Real Estate Across Europe 02/04/2008
ProLogis European Properties, a subsidiary of the United States-based company ProLogis, specialised in logistic space, plans to invest another 91.7 million euro in real estate across Europe, Europe RE real estae website reported. The amount will be invested through the company’s investment fund ProLogis European Properties Fund II (PEPF II). The fund was set up in August last year by ProLogis, when it announced its plans to pour 600 million euro in property by the end of 2007. The latest statement said that the new 91.7 million euro “tranche” will be secured through bank loans and will boost the investment in PEPF II to 225 million euro out of the 900 million euro “master plan.” ProLogis has contributed to the fund 27 modern distribution centres in seven European countries with a... more

Environmentalists Protest Against Projects Worth 5b Euro 14/03/2008
Friends of the Earth Europe, an association of environmentalist non-government organisations, has lodged complaints against 50 large-scale investment projects in Eastern Europe, funded by the European Union. The NGO association believes these projects to be harmful to the environment, arguing that billions of euro would be wasted if the projects are allowed to be completed. Six of these projects are in Bulgaria and combined for a total of 5.12 billion euro, the association said. Among them are the construction of Lyulin motorway that will cut across Kresna Gorge, waste management facilities in Sofia, the expansion of Sofia airport and the construction of Belene NPP. To solve Sofia's garbage problems, the association said that the city needed to find a new refuse dump site, with... more