| British entrepreneur mulls construction of eight malls in Bulgaria |
| 29.02.2008 |
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John Cutts, the founder and chief executive of commercial property developer Parkridge, is continuing his expansion into East Europe, the Financial Times reported on February 27.
Although the his initial plans envisaged expansion to Poland, given its key location, he also saw good opportunities... |
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| Three new residential districts to be developed in Bourgas |
| 29.02.2008 |
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Bourgas city hall plans to build three new residential areas in the suburbs, it emerged after mayor Dimitur Nikolov and his deputy in charge of construction, Kostadin Markov, met Bulgaria Building and Construction Chamber's members and members of the Chamber of Engineers in Investment Projects, Dnevnik... |
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| Sofia municipal housing prices to be hiked |
| 29.02.2008 |
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Sale prices of municipal apartments in Sofia will rise by two to 2.5 times, depending on their location, according to the amended ordinance on prices of municipal residential property, adopted by Sofia municipal council on February 28.
Rents of municipal dwellings will rise by 30 per cent, the city... |
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| Dubai sets foot in Bulgaria |
| 29.02.2008 |
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Investment Corporation of Dubai offered 3 billion euro for Inmobiliaria Colonial, the Spanish developer that owns of Riofisa, which is developing two projects in Bulgaria worth more than 450 million euro, Bloomberg reported on February 28.
Investment Corporation of Dubai bid 1.85 euro for each... |
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| Rail Europe steps on Bulgarian market |
| 29.02.2008 |
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Rail Europe, the world's largest distributor of European rail travel, said it entered the Bulgarian market through local partner HRG Bulgaria/Jamadvice Travel, its representative for Bulgaria, Macedonia, Serbia and Kosovo.
On February 21 2008, the company presented its services and products... |
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| Bulgaria remains an investors favourite |
| 29.02.2008 |
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Bulgaria, Turkey and France are the three countries set to see the biggest growth in demand among overseas property investors, a new survey has showed.
Fly2let.co.uk reports that the NatWest International Personal Banking League of Buying Abroad found that 75 per cent of mortgage brokers expect... |
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| The Russians are coming...the Russians are coming |
| 29.02.2008 |
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The Russian appetite for foreign real estate is still in its infancy, particularly compared to the overseas buying frenzy among the British. Yet there is every sign that Russian buyers are on the move, aided by a flourishing domestic economy and an ever-widening choice of overseas bargains.
Russians... |
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| Bulgaria becomes a boutique destination |
| 29.02.2008 |
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Bulgaria is becoming a sophisticated destination that attracts tourists wanting style and luxury rather than bargain hunters, the online travel portal Travelconnect.co.uk reported.
The site mentioned various attractions pulling Bulgaria away from its reputation “for cheap booze and fake watches”... |
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| Climbing walls factory to be built in Northern Bulgaria |
| 29.02.2008 |
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Walltopia, the Bulgarian manufacturer of artificial climbing walls and holds, said it has broken ground for the construction of a new factory in the town of Letnitsa, Northern Bulgaria. Total investment is seen at 8 mln levs. The investor said production area of 3,800 sq m will be delivered during the... |
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| Skiing at Bulgaria's Seaside |
| 29.02.2008 |
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Varna challenges the Bulgarian winter resorts. The biggest city at Bulgaria's Black Sea coast will build a ski sloop with artificial snow. The project will cost 5 million levs (1euro=1.95 levs). In this way tourists may enjoy both bathing in the sun and ski slaloms. The new attraction will be located... |
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