Charming house in very good condition - ID 3624

Sofia's European Trade Center To Become Bulgaria Largest Office 06/06/2008
The largest office center in Bulgaria, with a built-up area of 70 000 square meters worth EUR 70 M is going to open its doors in 2010 on the "Tzarigradsko Shosse" boulevard in Sofia, in the area known as the 7th Kilometer. The center called "European Trade Center" (ETC) currently represents almost 10% of all office projects in Sofia still in construction stage. ETC includes five office buildings with the highest one standing 65 meters toll and is part of the mega complex "Hermes Park". In addition to the office buildings, "Hermes Park" will also have a shopping mall with "Carefour Tzarigradsko", the biggest hypermarket of the French chain "Carrefour" in Bulgaria. The mall is to open by the fall of 2009. According to several media sources, including the daily newspaper "24 hours" the... more

Fairplay Properties Reit Borrows Money For Buying Plots In Sofia 03/04/2008
FairPlay Properties real estate investment trust (REIT), part of FairPlay International Jsc, has signed three loan agreements to secure cash for the purchase of land plots in Sofia residential district Studentski Grad, Dnevnik daily reported. Two of the contracted amounts are investment loans, amounting to 3.75 million euro and  1.35 million euro, while the third is a 1.14 million euro revolving credit. The company is considering buying four adjacent properties in Studentski Grad for the development of a residential and office scheme. The deal will probably be finalised by mid-April, Dnevnik wrote. The cost of the residential development is estimated at 22 million leva. It should be completed by the end of 2009. Investment in the office building will total 35 million leva. In... more