A Big Plot Of Land Near Sea - ID 1464

Carrefour In Sofia Sold For To Greek Fund For 200 Million Euro 18/03/2008
French retail giant Carrefour sold its development, which is currently being constructed on Sofia’s Tsarigradsko Chausse Blvd, to Greek fund Assos Capital, for roughly 200 million euro, Alexandros Papageorgiou, the new fund's managing director, said in a statement, as quoted by Kapital weekly. This is the biggest transaction in Bulgaria’s real estate sector since the start of the year and second-biggest re-sale in the segment, topped only by Landmark’s sale for 210 million euro, but ahead of the 180-million deal for Business Park Sofia. Carrefour’s transaction includes the land and the buyer's commitment to invest in the completion of the adjoining commercial centre, which now at its initial building phase. The world’s second-largest retail chain will retain the ownership of... more

Business Tourism In Bulgaria To Flourish 09/04/2008
Number of Russian tourists and business trips to Bulgaria in the following couple of years are about to increase, prognostikates Andre Gribi from Switzerland on a meeting with the Board of Directors of the Union for Investments in Tourism. According to his words number of British tourists who visit the country will drop but the interest of Bulgarians towards local resorts will jump. The potential ‘Europe' is not used enough, and this is a reserve that hides considerable possibilities for increase of tourism incomes in Bulgaria. The interest to organizing seminars and team building trips in Bulgarian resorts will also increase. Bulgarian customer will become harder to please, he will demand for diversity and will require better service. Mr. Gribi's advice towards Bulgarian... more