House For Sale - ID 1956

Dutch Real Estate Fund Interested In Bulgaria 11/03/2008
Real estate fund Bouwfonds Property Development (BPD), part of Dutch financial group Rabobank is investigating the execution of a project in Bulgaria. The fund is also interested in investment projects in Romania and other countries in the region, investor.bg reported. BPD representatives said that it was early to make specific plans but a decision is to be taken within six months. The company will focus on residential property projects and possibly on commercial property. According to media reports, BPD intended to open an office in Romania by the end of 2007. BPS said that despite its interest in the country, nothing has been decided yet. Bouwfonds was under the ownership of banking group ABN AMRO until December 1 2006 after which it was purchased by Rabobank for over... more

Mall Construction In Bulgaria Halted Due To Bidding Procedure Disorder 12/03/2008
Stara Zagora’s municipal council will stop the sale of a 9260 sq m area, where a 70 million leva trade centre had to be set up. A tender violation stands behind the decision. The municipality launched a tender to sell the lot in 2005. Two companies, local Agrosun and German Kaufland took part in the procedure, Dnevnik daily said. Agrosun’s offer was higher, but was excluded from the procedure because of a sign ‘offer’ on the envelope. A third company, Spanish Commercia Bulgaria, won the tender after an extension of the deadline. Agrosun appealed the municipal decision and won, Dnevnik said. The court decided that Stara Zagora’s municipal council had to select a winner between Agrosun and Kaufland. The German company had already withdrawn its offer and Agrosun remained the... more