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

Nearly 330 Exhibitors Take Part In Property And Investment Expo In Poland 11/03/2008
Nearly 330 exhibitors from 18 countries took part in the 16th edition of International Property, Investment and Finance Fair REFE, an increase of 12 per cent in comparison to figures for the previous year. REFE took place from April 20 to 22 in Poland. In the investment part of the 16th REFE banks, property managers, city and commune councils presented property investment opportunities. Discussions on finance, business, investments and tourism assets of cities and towns were held during the main part of the expo. Its third part focused on residential developments. A conference on investment potential of Central and Eastern Europe seemed to be a focal event. Other lectures saw the participation of 41 speakers from Bulgaria, France, Poland, Romania, Ukraine and US. Organisers... more

Business Property Developments Gain Popularity In Bulgaria 11/03/2008
Investor interest in business property in Bulgaria grows. Most investors plan developments like retail centres,  real estate agents said. Bulgaria faces numerous problems related to retail and office space, investor.bg reported. Figures for Bulgaria show that 160 sq m of retail space is available in Bulgaria per 1000 people. In comparison, 1000 people in Poland enjoy 520 sq m of  trade area. Concerning office space, the situation is similar. An employee should have on the average 22 sq m of office space. In Bulgaria, employees have only eight sq m. Bulgaria also lacks storage facilities meeting the international standards. The problem is similar concerning logistics centres. The shortage gives investors the chance to develop in the business property segment, agents said.... more