Cozy House Near Sunny Beach - ID 1532

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

Tourists Seek 'exotic' Locations 21/05/2008
Holidaymakers from the UK are increasingly choosing to venture to more exotic locations, analysts have stated. The Association of British Travel Agents revealed that emerging economies and mid to long-haul destinations are becoming more and more popular. Frances Tuke, spokesperson for the group, said this is partly because they are exotic, developing locations which can offer a different type of holiday experience. In addition, she stated that authorities in these countries have invested in providing services and infrastructure for foreign leisure travellers. This means these places could be good locations for overseas property investors to consider, as the increase in visitor numbers is driving growth in their rental markets. Furthermore, new infrastructure developments and... more