State Agency For Tourism Initiates An Advertising Campaign Of Bulgarian Tourism In Russia 14/03/2008
Bulgaria's State Agency for Tourism will promote the country as a tourist destination to Russians. It has launched an advertising campaign, including 30-minute videos, to be broadcast on the Rossiya Channel and on Channel One in the Russian cities of Yekaterininburg, Irkutsk, Kazan, Krasnoyarsk, Novosibirsk, Samara, Ufa, Chelyabinsk, Kransnodar, Perm, Rostov-na-Don, Omsk - between February 18 and February 29. A second advertising campaign will take place in the same cities between May 5 and May 25. Three shorter videos will also be shown on the NTV and TVC channels in the Moscow region, St.Petersburg, Yekaterininburg, Novosibirsk, Samara and Rostov-na-Don. The State Agency for Tourism also plans similar advertising campaigns on the global channels of CNN, Euronews, and Eurosport.... more

Us Prologis Pours Another 91.7m Euro In Real Estate Across Europe 02/04/2008
ProLogis European Properties, a subsidiary of the United States-based company ProLogis, specialised in logistic space, plans to invest another 91.7 million euro in real estate across Europe, Europe RE real estae website reported. The amount will be invested through the company’s investment fund ProLogis European Properties Fund II (PEPF II). The fund was set up in August last year by ProLogis, when it announced its plans to pour 600 million euro in property by the end of 2007. The latest statement said that the new 91.7 million euro “tranche” will be secured through bank loans and will boost the investment in PEPF II to 225 million euro out of the 900 million euro “master plan.” ProLogis has contributed to the fund 27 modern distribution centres in seven European countries with a... more

Office Space In Bulgarias Capital Increases To Nearly 600 000 Sq M In First Half Of 2007 12/03/2008
Office space in Sofia increased by ten per cent in the first half of 2007, compared to the same period of 2006. Research from Colliers International Bulgaria showed that Sofia now had a total of 606.500 sq m of class A and B office space. According to the report, most of the office space in Sofia was located in the city’s suburbs. Currently more than 330 000 sq m of office space is being constructed in the suburbs. Rental prices continued increasing in the first half of 2007. In the suburbs, rent for class A property varies between 12 and 26 euro per sq m, per month. The office space market is growing, but it is mainly driven by companies’ relocations and expansion rather than new international entrants in the country, Colliers Bulgaria Managing Director Atanas Garov said. more