Fri, Feb 10 2012
Construction has started on the 65- million euro Markovo Tepe Mall. It will open in April 2010.
Together with the new Mall Plovdiv, the chain would offer entertainment for the locals
Eight properties put up for auction by the Defence Ministry cause friction with Plovdiv University
The company is planning to open four more stores in Plovdiv, for a total investment of 15 million leva, thus securing 400 new jobs.
Developer GTC wants Galeria Rousse to become the largest shopping mall in the town on the Danube River
Carrefour, the French hypermarket chain, announced plans to build a retail-entertainment complex in Stara Zagora, weekly Stroitelstvo Gradut said. The total investment will amount to 10 million euro as the property itself will be situated on a land plot of 20 900 sq m. The project features a mall, whose retail space will be 14 575 sq m, as well as hypermarket on a further 6324 sq m. Architect Ilian Iliev of Planning Ltd. has been picked todesign the mall, with Carrefour currently still looking to select a construction company to build it. With the opening of the complex, Carrefour has promised to offer 400 new job positions when the project is completed by 2010 as planned.
Average market prices of homes in Sofia fell by one per cent in the fourth quarter of 2011 compared to the same period of 2010, according to the Raiffeisen Real Estate Index, as quoted by Klasa daily.
Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.
Nearly all banks are ready to finance between 80 per cent and 90 per cent of the price of a home, provided it is a good building in a large city, Bulgarian daily says.
Property prices in Bulgaria were five to 10 per cent lower in 2011 than in 2010, while initial estimates for this year are that they will remain largely unchanged, with transactions remaining at ‘crisis levels’.
Bulgaria’s capital city Sofia ranks 17th, report says, quoting Global Property Guide.
I visited Bulgaria during a week las May month and I have the opportunity to visit Plovdiv Mall several time and I was really impressed by this modern and magnificent store complex.I live in Miami,USA and this Mall and all its facilities stays at a world level...Congratulations folks...