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Experts Bulgarian property market expects resurgence in 2010
Real estate agency firm Elta Consult claims that the global economic downturn will have a positive effect on the Bulgarian market in 2010, a company media statement said on March 3 2010.
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Date: 2010-03-02 22:00:00 | Source: Propertywisebulgaria.com
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Britons to march on Bansko against alleged property theft
The Mail on Sunday has reported on a group of British investors who poured millions of pounds into the Bulgarian Alpine resort town of Bansko only to be subsequently conned out of their property.
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Date: 2010-02-28 22:00:00 | Source: Propertywisebulgaria.com
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Tishman meets Bulgarian trade attache in US
Real estate management company Tishman International Companies conducted a business meeting with Bulgarias trade attache in the countrys diplomatic mission in California on February 23 2010, a company media statement said.
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Date: 2010-02-22 22:00:00 | Source: Propertywisebulgaria.com
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Lidl takes over Plus in Bulgaria and Romania
The German Tengelmann Group has decided to sell the Plus stores it operates in Bulgaria and Romania to Lidl, Bulgarian media reported on February 21 2010. The sum of the deal has not been disclosed.
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Date: 2010-02-21 22:00:00 | Source: Propertywisebulgaria.com
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Irish group buys Telephone Palace building in Sofia
West Incorporated, an Irish property investor, said on February 1 2010 that it has acquired the Telephone Palace building in Sofia for an estimated 22.5 million euro. The company could to invest more than 100 million euro in developing the property.
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Date: 2010-02-02 22:00:00 | Source: Propertywisebulgaria.com
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Construction of 60M euro Capital Ford business centre in Sofia begins
Construction on the tallest building in Sofia, the Capital Ford business centre, was launched on January 29 2010, Dnevnik daily reported on February 1 2010. The construction company in charge of the project is Fort Nox.
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Date: 2010-02-02 22:00:00 | Source: Propertywisebulgaria.com
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Varna real estate is the dearest amid nationwide decline
Bulgarias Black Sea port city of Varna was home to the most expensive real estate in 2009, data from the National Statistics Institute NSI revealed on January 25 2010.
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Date: 2010-01-25 22:00:00 | Source: Propertywisebulgaria.com
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Shopping mall rents to drop while market diversifies study
Shopping mall retail space in Bulgaria is poised to increase by about 50 per cent compared to the current 281 000 sq m over the next 18 months, according to property consulting firm MBL, cited by Stroitelstvo Gradut weekly on January 14 2010.
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Date: 2010-01-13 22:00:00 | Source: Propertywisebulgaria.com
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Construction industry in Bulgaria shrinks by 22 per cent
The Bulgarian construction sector shrank by 21.9 per cent in November 2009, compared to November 2008, the Bulgarian National Statistics Institute NSI reported on January 11 2010.
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Date: 2010-01-10 22:00:00 | Source: Propertywisebulgaria.com
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New property purchase rules postponed
A proposal directing that all property purchases be made exclusively via bank transfer has been postponed until the spring, although the exact date is yet to be determined.Initially, the measure, outlawing all payments in cash, was due to take effect from January 1 2010, Dnevnik daily reported on January 5. The scheme had been approved only on first reading by a Parliamentary commission.
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Date: 2010-01-04 22:00:00 | Source: Propertywisebulgaria.com
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Serdika Centre shopping mall opens on March 16 2010
Sofias Serdika Centre shopping mall will open on March 16 2010, Plamen Ilchev, executive director of ECE Project Management Bulgaria, one of the companies behind the project, said in a December 18 2009 media statement.
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Date: 2009-12-17 22:00:00 | Source: Propertywisebulgaria.com
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Construction companies shift from real estate to roads and infrastructure
Construction companies which until recently were in the business of developing and building residential complexes, golf courses and holiday homes, were redirecting their resources towards road construction, Bulgarian daily Dnevnik said on December16 2009.
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Date: 2009-12-16 22:00:00 | Source: Propertywisebulgaria.com
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