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  Latest news ( Properties ) Latest news
Lidl takes over Plus in Bulgaria and Romania  
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.
Date: 2010-02-21 22:00:00 | Source: Propertywisebulgaria.com
Construction of 60M euro Capital Ford business centre in Sofia begins  
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.
Date: 2010-02-02 22:00:00 | Source: Propertywisebulgaria.com
Irish group buys Telephone Palace building in Sofia  
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.
Date: 2010-02-02 22:00:00 | Source: Propertywisebulgaria.com
Real estate market in 2010 could become more flexible as prices dip further  
Real estate market in 2010 could become more flexible as prices dip further
The industry was not at its healthiest over the past 12 months for understandable reasons, but there are indications that the business outlook may be slightly more convenient for potential buyers and sellers.
Date: 2010-01-25 22:00:00 | Source: Propertywisebulgaria.com
Varna real estate is the dearest amid nationwide decline  
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.
Date: 2010-01-25 22:00:00 | Source: Propertywisebulgaria.com
Colliers Real estate prices in Bulgaria to drop by further 10 per cent by July  
Colliers Real estate prices in Bulgaria to drop by further 10 per cent by July
The value of real estate was expected to decline by an additional 10 per cent on average by July 2010, Tatyana Emilova from real estate consultancy firm Colliers was quoted as saying by Dnevnik daily on January 20 2010.
Date: 2010-01-19 22:00:00 | Source: Propertywisebulgaria.com
New real estate transactions law passed on first reading  
New real estate transactions law passed on first reading
Members of parliament have passed a new law outlawing cash transactions on real estate payments, the Bulgarian news agency reported on January 20 2010.
Date: 2010-01-19 22:00:00 | Source: Propertywisebulgaria.com
Shopping mall rents to drop while market diversifies study  
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.
Date: 2010-01-13 22:00:00 | Source: Propertywisebulgaria.com
Construction industry in Bulgaria shrinks by 22 per cent  
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.
Date: 2010-01-10 22:00:00 | Source: Propertywisebulgaria.com
New property purchase rules postponed  
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.
Date: 2010-01-04 22:00:00 | Source: Propertywisebulgaria.com
Serdika Centre shopping mall opens on March 16 2010  
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.
Date: 2009-12-17 22:00:00 | Source: Propertywisebulgaria.com
Construction companies shift from real estate to roads and infrastructure  
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.
Date: 2009-12-16 22:00:00 | Source: Propertywisebulgaria.com
Industry Watch value of Bulgarian property likely to drop by another 10 per cent  
Industry Watch value of Bulgarian property likely to drop by another 10 per cent
Real estate values are likely to drop by another 10 per cent from current levels due to the weak influx of foreign capital and the delay of bank credit in Bulgaria, Industry Watch said, quoted by Dnevnik daily.
Date: 2009-12-13 22:00:00 | Source: Propertywisebulgaria.com
Government to raise prices of stateowned land along Bulgarias Black Sea coast  
Government to raise prices of stateowned land along Bulgarias Black Sea coast
Prices of stateowned land along Bulgarias Black Sea coast would be increased up to eightfold, Bulgarian daily Dnevnik quoted Deputy Agriculture Minister Georgi Kostov as saying.
Date: 2009-12-07 22:00:00 | Source: Propertywisebulgaria.com
Bulgarian coastal cities head chart of new real estate  
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.
Date: 2009-12-02 22:00:00 | Source: Propertywisebulgaria.com
Fewer construction permits issued in 2009 report  
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.
Date: 2009-11-23 22:00:00 | Source: Propertywisebulgaria.com
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