Most Expensive Coastal Resort Shops Located In Bulgarias Sunny Beach 11/03/2008
The coastal resort of Sunny Beach offers the most expensive shops among Bulgarian Black Sea resorts. Property buyers willing to invest in shops at Black Sea resorts should consider that this could be a good but also very risky investment, investor.bg reported. Those looking for year-round turnover invest in property in Bourgas and Varna. Investors looking for seasonal sales prefer newly developed hotel complexes in Nessebar, Pomorie and Sunny Beach. Bourgas currently offers more than 100 shops and Varna registered twice higher supply. Most shops are located in the cities and prices vary between 767 and 956 euro per sq m. The highest shops supply is seen in regions with intensive construction. Sunny Beach turns out to be the most expensive resort with an average price of... more

Construction Of First Mall In Bulgarias Varna Begins Soon 14/03/2008
The construction of the first mall in the coastal city of Varna would begin next week. Mall of Varna would have trade area totaling 25 000 sq m. Both offices and stores would be offered for rent, mediapool.bg reported. Construction was expected to end in November 2007, Interservice Uzunovi managing director Krasimir Ouzounov said. The company is investor in the project. Investment in Mall of Varna exceeded 30 million euro, mediapool.bg reported. The overall mall area would reach 65 000 sq m. Mall of Varna would have five floors and nearly 70 per cent of the area would be used for stores. Other facilities include restaurants, cafйs and offices. Mall of Varna would have three-level underground parking lots, mediapool.bg reported. Interservice Uzunovi acted only as... 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