Italian company CoVer Industrial won the tender for the construction of a business centre near Sofia Airport, Italian news agency Ansa said as quoted by Dnenvik daily.
Archive for July, 2008
Italian CoVer Industrial to build Tishman and GEs Sofia Airport Centre
Wednesday, July 30th, 2008Bulgaria average APR on housing loans at 10 per cent
Monday, July 28th, 2008The Bulgarian central bank reported on July 28 that the APR on new housing loans stood at 9.72 per cent at the end of June, up from 9 per cent in February.
Mall developers flock to smaller Bulgarian cities
Sunday, July 27th, 2008Seven of the 20 malltype schemes currently under development across the country are located in cities with less than 200 000 residents, Q2 market data of real estate consultants Forton shows.
Three to four Black Sea hotels file for bankruptcy every week
Sunday, July 27th, 2008Data gathered by the Bulgarian State Agency for Tourism SAT indicated that three to four hotels on the Black Sea coast were filing for bankruptcy every week.
Holiday resort to be developed in Ribaritsa village
Sunday, July 27th, 2008A new holiday resort Kostina will be built in the mountain village of Ribaritsa, located near Teteven city, Stroitelstvo gradut weekly reported.
Leading developer backs out of Sofia project
Sunday, July 27th, 2008Engel East Europe N.V., one of the leading developers of residential and mixedused properties in Central and Eastern Europe, announced plans to withdraw from a project in the Sofia borough Gorna Banya, website investor.bg reported.The project envisioned a residential complex consisting of 430 flats, in which Engel held a 40 per cent share in a joint venture with Heitman Group, which held 60 per cent.
Turkish businessman pays 11mln leva for Haskovo business centre
Thursday, July 24th, 2008Turkish businessman Fuat Guven will be the new owner of Business Centre 1 in Haskovo, Bulgarian news agency BTA said.Guven was said to pay more than 11 million leva without VAT for the business centre.
Skyscraper construction builds up passions in Sofia
Thursday, July 24th, 2008Representatives of Sofias Sredets district and the Bulgarian Academy of Sciences National Archaeological Institute have declared their disapproval of the possible construction of an 80m high building on the site of the existing Hotel Rila.Investor.bg quoted Sredets district mayor Margarita Gouteva as saying such for her contingent at a public discussion on plans to construct a new building at the location.
Central Europe becomes top logistics, industrial property destination study
Wednesday, July 23rd, 2008Three out of Europes top five markets with the best location for industrial or logistics facilities were in Central and Eastern Europe, according to the European Distribution Report 2008 published by real estate consultant Cushman amp;Wakefield C amp;W.
UniCredit to launch real estate fund report
Sunday, July 20th, 2008UniCredit plans to set up a real estate fund, following the example of other major European banking groups, which would use parts of buildings that house the banks branches and other properties, Reuters news agency reported on July 20.The fund would be worth around two billion euro, Reuters said, quoting a report in Italian newspaper Il Sole 24 Ore. Contacted by Reuters, the group declined to comment.