New Building Villa In The Mountain Near The Seaside - ID 633

Shortage Of Homes In Central And East Europe 21/05/2008
'Despite the dynamic development of the construction sector in Central and Eastern Europe (CEE), the offering of new housing estates still can't satisfy the demand completely' the CEE director of ‘UniCredit Group' Erich Hampel says. Although the region has high rate of own property, the households still look for a way of improving the living standard. ‘In the next years every two of ten households plans to buy house or apartment, which to live in' Hampel adds. The possession of own property rate in the region is very high - 77% average, which is 13% more than the average percent for Western Europe (WE). Bulgaria ranks in Top 3 of countries with the most property owners - 91% of the households own the estate, they live in. Higher is the percent only in Croatia... more

Poligraphic Services Buildings In Sofia To Become Class A Offices 24/04/2008
Bulgarian Land Development (BLD) fund, registered at the London stock exchange, announced the purchase of five buildings from Dimitar Blagoev Printing House in Sofia. The buyer, a joint venture between BLD and private investor Norhtridge Capital, acquired a gross actual area of 29 000 sq m, Investor.bg said. The buildings were part of an eight-building industrial complex along Tsarigradsko Shose in central Sofia, which once housed the state printing house. BLD and Northridge Capital announced that the buildings would be turned into 23 500 sq m of class A office space and 3 500 sq m trade floor, with 241 parking places, of which 183 would be underground. Total investment in the project was estimated at 50 million euro, with an estimated project value of 70 million euro, Investor.bg.... more