House In A Perfect Condition - ID 2266

Investments In Real Estates Increase In 2008 15/06/2008
A recent survey conducted upon the request of the real estate investment company Karrat Group Ltd. shows that more real estate purchases are planned for 2008 as compared to last year. Several factors contribute to this favorable development. First, a report by UniCredit Group suggests that there is still real estate shortage in Central and Eastern Europe, enhanced by the population's growing income. Therefore, expectations are that there will be a moderate growth in the sector despite the global credit crunch. Second, analysts point out that 15% of Bulgaria's population plans to purchase residential property in the next 10 or more years. Demand is highest among young to middle-aged people, mostly business professionals with income above the country's monthly average. Finally, a... more

Malls In Sofia To Triple In Space By 2010 31/03/2008
After the success of the first four malls in Bulgaria, this sector emerged as one of the most attractive investments last year, Pavlina Nikova, project manager in Forton International consultancy, said, quoted by Pari daily. This trend triggered the announcement of more than 10 mall projects in Sofia, five in Plovdiv, five in Varna and at least three in Bourgas. At the same time, investor interest has shifted to smaller cities in recent months. · Sofia The first three malls in Sofia, which opened doors in 2006 – Mall of Sofia, City Center Sofia and Sky City – attracted large international brands, thus growing into the main competitor of high retail streets. Their success brought about the start of more than 10 shopping compounds in the capital. Most  were announced in 2007 and are... more