THE European Bank for Reconstruction and Develop-ment (EBRD) has expressed serious interest in the rapidly developing real estate market in Bulgaria and will take part in the Real Estate and Investment Forum (RINFOR), which starts on June 1.
Janet Woo, associate banker Property and Tourism at the EBRD London, will attend the forum, that is to be held at the Sofia Hilton Hotel. Together with Jussi Pohjanpalo, an associate banker at the Bulgarian office of EBRD, Woo will be among speakers at the panel discussion on “Business Buildings in Bulgaria and their Capability to Attract Institutional Investors”.
Representatives of the EBRD will present the institution’s activities and the projects they support in South-Eastern Europe and in Bulgaria in particular.
The EBRD has financed more than 30 projects in all major property sub-sectors, such as offices, shopping centres, warehousing, residential developments and hotels. The EBRD is playing an increasingly important role in attracting foreign investment to property markets. It has already signed several major projects in the sectors of property and tourism in Bulgaria.
Numerous international investors in real estate and tourism from the US, UK, Israel, the Netherlands and Denmark will also use RINFOR as an opportunity to gather information on the status and the prospects of the market in Bulgaria. Among them are companies like Sigma Bleyzer, Eurohypo, TCN Pro-perty Projects, TK Development and UBM.
The programme of the forum covers a series of key aspects of real estates, tourism and construction – from the status of the market in recreation resorts in Bulgaria, through competitiveness of Bulgarian construction companies, to prospects for investments in logistics parks and warehouse areas.
The topics cover a wide spectrum of the real estate, construction and investment sectors, including leasing as an alternative for financing real estate investment projects, the residential market and its opportunities for growth. High yield or low risk – the dilemma facing the international property investors and Bulgaria’s chance to appear on their maps will also be discussed.