A Huge Industrial Plot - ID 61

Sofia City Hall Calls Tender To Extend Underground 09/04/2008
Sofia city hall-owened metro operator Metropoliten called a new tender for the construction of a new section of the metro network, Dnevnik daily reported on April 7. The previous tender for the section connecting Nadezhda junction with Cherni Vruh Boulevard was called at the turn of the year and later cancelled because no bidder offered an acceptable price. Metropoliten will finance the project with European Union structural funds under operational programme Transport. The new public procurement is divided into two lots. The first, linking Nadezhda junction to Patriarch Evtimii Boulevard, has a cost cap of 400.46 million leva, value-added tax (VAT) excluded. The second, between Patriarch Evtimii Boulevard and Cherni Vruh Boulevard, should be built for no more than 155.55 million... more

Bulgarian Investors Eye Properties In The Us 01/04/2008
The financial crunch and a feeble dollar are not such bad news for the United States property market, Pari daily reported. The classic business maxim that one should buy at times of falling prices is about to attract large-scale real estate investment from all over Europe and a number of Arab countries. Bulgarian property companies, working with American partners, have already observed increased demand from Bulgarians for houses and holiday properties in the US, Pari said. “We can't talk of a massive interest in the US property market, but we've been receiving enquiries for several months now,” RE/MAX Chance group manager Simeon Mitev told Pari daily. Several locations have been turned into lucrative property investments following price slumps. Enquiries from Bulgarian... more