House for sale in Chernomoretz - ID 3785

Fairplay Properties Reit Distributes 8m Leva As Dividend 28/03/2008
At their annual meeting on 25 March, the shareholders of FairPlay Properties Real Estate Investment Trust (REIT) decided to distribute eight million leva of the company’s profit for 2007 as dividend, the company said in a statement. The general meeting also elected a new board of directors with members Manyu Moravenov, Ivailo Panov and Svetoslav Soltariev. The REIT has invested 96 million leva (excluding value-added tax) by December 31 2007 and has concluded sales contracts to the value of 34.5 million leva in 2007, according to the company’s annual report. The fund reported a profit of 11.13 million leva in 2007 and its sales revenues stood at 43.3 million leva (VAT excluded). FairPlay Properties’ executives forecast that the company’s revenue in 2008 will total 42.46 million leva,... more

Marketing Suite At Sofia Airport Centre Opens 10/03/2008
GE Real Estate Central and East Europe and US-based Tishman International inaugurated their Marketing Suite on March 4, an exhibition area revealing some of the products and services that will be available in the 250 million euro Sofia Airport Centre (SAC) on completion. “It is a unique idea for Bulgaria – a showcase testbed for the products and finishes to be used in the establishment. The exhibition room will be open 24 hours a day, enabling prospective investors to come and see what they are renting,” Julian Edwards, Tishman general manager for Bulgaria, said. The future mixed-use development will contain a hotel and an office section, constructed according to international Class A standards for offices, with retail, restaurant and back-up services on the ground floors and a... more