7400 sq m agricultural land near Karnobat - ID 3634

Norwegians Invest In Housing Estate In Dupnica Town Near Sofia 18/03/2008
Norwegian investment fund will put 8 million EUR in construction of housing area on the site on former barracks, already useless, in Dupnica town, 80 km from Sofia. With the intentions of building new housing estate area expels the idea of construction big business zone ‘Dupnica - Rila - Kocherinovo'. This project was worked out by the three municipalities and approved for financing by FAR program for the amount of 28,000 EUR. more

Benchmark Fund Imoti Reit Secures 26.5m Euro In Bank Loans - Sophia Echo 14/07/2008
Bulgarian real estate investment trust (REIT) BenchMark Fund Imoti has agreed credit lines worth a total 26.5 million euro with the National Bank of Greece and United Bulgarian Bank, part of the NBG Group. The loans should be used within the next two years. The 25 million euro loan from NBG has an eight-year maturity, while the 1.5 million euro loan from UBB matures in 2011. The loans were secured with real estate mortgages and a special pledge on company assets. The REIT said it would use the borrowed funds to finance four investment projects - two office buildings in Sofia, vacation and residential developments in the ski resort of Borovets and a sports facility in Kyustendil. Three of the projects have a combined price tag of 40 mln euro, which means that the remainder will come... more