4000 sq m piece of land - ID 3633

Bulgaria Presented As Gambling Destination On Cnn 18/03/2008
Bulgarian State Agency of Tourism (SAT) starts a campaign, advertising Bulgaria as tourism destination on biggest world TV channels. In the next 2 months CNN channel will show advertising clip, presenting Bulgaria as a gambling destination. Casinos and overfilled Black Sea beaches will attract more foreign tourists. The campaign, which has the purpose to ‘advertise Bulgarian tourism', consist of three short clips. The other two clips show parts of Bulgarian natural and cultural treasures. The whole campaign costs 240,000 EUR. Massive advertising campaign of Bulgaria starts also on another big TV channel - Euronews on March 11. more

Arco Invest Seals 8.1m Euro Deal For Apartments In Madrid Project 14/03/2008
Arco Invest Ltd, a subsidiary of Tallinn Stock Exchange-listed Arco Vara group, has closed a deal worth 8.1 million euro with Cleves Ltd for the sale of 45 unfinished apartments and 60 parking spaces in its Madrid project, the company said on its website on March 10. Arco will receive a 30 per cent down payment within 10 days and the remaining 70 per cent are due on receiving the habitation certificate. The buyer, English company Cleves Ltd, deals in luxury rentals and has announced plans to acquire a portfolio of about 200 high-profile apartments in prime locations in Sofia, earmarking 40 million euro to that end. The company has so far invested 33 million euro in more than 150 residential units, including in the Embassy Suites on Bulgaria boulevard, as well as the Este Home and... more