Sun, Nov 08 2009

Total housing inventory increased to 240.706 million square metres, a 0.7 per cent increase from a year earlier.
Paladin Property Development is the investment/construction firm in charge of the project.
The industrial and logistics segment of the real estate market has defied trends present in other real estate sectors.
New logistics centre will create 150 jobs and have an annual processing freight capacity of 200 000 tons.
Office rent transactions peaked at 65 000 sq m between July and September 2008, but collapsed to 10 700 sq m in Q3 2009, Forton manager Sergei Koinov said.
Most potential buyers are now opting to buy a luxury flat in the range of 120 000 to 150 000 euro or a single family home for about 500 000 euro.
About 30 000 to 35 000 people employed in the construction sector were facing redundancies in 2010, Bulgaria's Regional Development Minister Rossen Plevneliev said on October 26.
Average market prices of housing in Bulgaria dropped five per cent in July-September, measured quarter-on-quarter, the National Statistical Institute said on October 23 2009.
The European Investment Bank (EIB) has released a 43.5 million euro loan to Sofia Municipality, for infrastructure projects worth 88.1 million euro in total