New office, retail building to rise on Tsarigradsko Chaussee in Sofia
Belgian company Ilpa Development will invest 25 million euro in the construction of a combined office and retail building on Tsarigradsko Chaussee in close proximity to the Metro and Technomarket superstores. Arco Real Estate, the company presenting the project on the market, said that the investor was seeking buyers for parts or the entire building. According to website investor.bg, Ilpa Development initially had plans to sell the building off plan. The construction already began and it is expected that the project would be completed by 2010.
Tags: Bulgaria, for sale, property, real estate