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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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Bulgarian coastal cities head chart of new real estate
The largest amount of new residential buildings completed for the third quarter of 2009 was registered in Bulgarias Black Sea coastal city of Varna, the National Statistics Institute NSI said in a media statement on December 3 2009.
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Date: 2009-12-02 22:00:00 | Source: Propertywisebulgaria.com
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Fewer construction permits issued in 2009 report
The National Statistics Institute has recorded a reduction in real estate construction permits in the third quarter of 2009, Dnevnik daily said on November 23 2009.
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Date: 2009-11-23 22:00:00 | Source: Propertywisebulgaria.com
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New luxury real estate construction in Sofia to begin in 2010
Plana Properties are set to launch the construction of the modern Apollona Houses complex, consisting of 10 luxury homes in an enclosed parcel, while Austrian Immorent is set to erect 15 condos featuring 200 flats in Simeonovo. Both projects are worth about 38 million euro, Dnevnik daily reported on November 22 2009.
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Date: 2009-11-22 22:00:00 | Source: Propertywisebulgaria.com
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Construction sector in Europe continues to decline
he construction industry in Europe has marked another month of general retreat, both on annual and monthly basis, Bulgarian daily Dnevnik reported on November 19 2009, citing Eurostat statistics.
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Date: 2009-11-18 22:00:00 | Source: Propertywisebulgaria.com
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Bulgarian Property Developments begin construction of 12.6M euro logistics park in Rousse
Bulgarian Property Developments BPD will invest 12.6 million euro in a new expansive logistics park in the northeastern Bulgarian riverside town of Rousse. Construction of the complex has been launched in the area of Slatina, where BPD secured a large parcel of land, Dnevnik daily reported on November 18 2009.
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Date: 2009-11-17 22:00:00 | Source: Propertywisebulgaria.com
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Penny Market and Plus open stores in Bulgaria
The German diversified discount retail chain Penny Market opened its first batch of 14 stores in Bulgaria, a press company release said.
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Date: 2009-11-16 22:00:00 | Source: Propertywisebulgaria.com
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Construction sector in Bulgaria incurs 20 decline
The construction sector in Bulgaria had declined by 20 per cent on an annual basis, the National Statistic Institute NSI reported on November 10 2009.
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Date: 2009-11-09 22:00:00 | Source: Propertywisebulgaria.com
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Bulgarias construction sector facing survival year in 2010 Minister
About 30 000 to 35 000 people employed in the construction sector were facing redundancies in 2010, Bulgarias Regional Development Minister Rossen Plevneliev told the Bulgarian National Television on October 26.
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Date: 2009-10-27 22:00:00 | Source: Propertywisebulgaria.com
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Luxury real estate prices in Bulgaria slump by 40 study
Luxury homes have diminished in value by about 40 per cent since the onset of the global economic downturn, while the number of sellers of such properties has doubled, real estate agency Unique Estates said on October 26, as by Dnevnik daily.
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Date: 2009-10-27 22:00:00 | Source: Propertywisebulgaria.com
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Key interchanges in Sofia will be constructed with European Investment Bank loan
The European Investment Bank EIB has released a 43.5 million euro loan to Sofia municipality, with which the administration will be entrusted with the construction of several key infrastructure projects in the city, at a total cost of 88.1 million euro, Stroitelstvo Gradut has reported on October 19 2009.
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Date: 2009-10-21 21:00:00 | Source: Propertywisebulgaria.com
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