Building plot on the seaside - ID 2400

Balkan Property Blossoms, Large Investors Still Missing Merrill Lynch 10/03/2008
The Central Europen division of Global Principal Investment (GPI), Merrill Lynch's commercial real estate investment arm, plans to invest 550 million euro in real estate in Serbia, jointly with local firm MPC Properties, in which Merrill Lynch holds the minority stake, Reuters reported. Residential property market on the Balkans was blooming after the region’s recovery from the war and the subsequent stagnation in 1990s. Nonetheless, large corporate investment will come only after real political stability is achieved, Robert Schweizer, GPI vice-president for Central European region, which covers all east of Germany, including Russia and Turkey, told Reuters. The residential segment did not enjoy a lot of investment over the past 15 years in the Balkans, but the recent... more

White Fir Resort Apartment Lodge Opens In Razlog Area 10/03/2008
Colliers International Bulgaria opens White Fir Resort ski and spa apartment lodge today, January 25. It’s the first suchlike apartment lodge in Europe to be managed by Colliers and the only development of this kind in Bulgaria to be run by an international property consultancy. White Fir Resort was developed by London-based MSI Developments. Colliers International Bulgaria is providing property management services, including the leasing of 135 one, two and three bedroom apartments. White Fir Resort is located in Razlog in the foothills of the Pirin Mountains, overlooking the Ian Woosnam golf course.  Razlog is less than 10 minutes from the famous ski resort of Bansko, 160 km from Sofia International Airport. White Fir Resort has boutique-style spa facilities including an indoor... more