ARTICLES

Bulgarian co plans to build 3 shopping malls

Dnevnik Daily, 18th September 2006

Local company Densi Stroy plans to build 3 or 4 entertainment and shopping centers styled after the Central Mall in Veliko Tarnovo, Northern Bulgaria, which it also developed, said Marin Zgurev, manager of the construction company.
The new commercial centers will be located in cities with population above 100,000.
Central Mall in Veliko Tarnovo, a city of around 0.3 mln, will become September 15 the first Western-style shopping mall outside the capital Sofia.
The shopping center comprises 33,000 sq m of gross area including 16,000 sq m retail floor area plus 1,500 sq m of office net floor area.
Lettable areas have been pre-let to a mixture of well known international and local retailers including Benetton, Esprit, Kenvelo, Pepe Jeans, Levi's and Germanos, supermarket operator Piccadilly and movie theater operator Alexandra Group which will have 3 cinemas in the complex. The mall has already reached 100% occupancy.
Densi Stroy expects to recoup its 15 mln euro investment in the mall in 8-9 years.
The European Convergence Property Co, an Isle of Man company, is in talks to buy Central Mall. The value of the deal will be revealed once its is wrapped, said Zgurev.


  read more articles
Get to know more about our company!
Browse our best bargain offers in Sofia city
View our company brochure
Latest News
Small, "fast moving" buildings replacе large projects

18/August/2011
Capital newspaper

New construction in Sofia continues to decrease and started buildings have less apartments, housing statistics reports quarter after quarter. Recently built brick mastodons are replaced by small buildings with one or two entrances and 10-15 apartments.

The reasons are different – there are no buyers, entrepreneurs do not want to risk and at present banks do not tend to finance larg... read more

LATEST REGIONAL NEWS
Varna Airport to Have New Terminal

21/June/2011
pochivka.com

A new terminal is planned to be constructed at Varna Airport at the end of the summer. It will be built by the concessionaire of Varna Airport and the terminal will cost 30 million Euro.

The aim of the construction of the new building is to offer more amenities to the passengers, modern systems for luggage servicing, commercial areas and a fun zone. The interior of the terminal wil... read more

DID YOU KNOW?
Choosing a property via Skype

19/May/2012
Monitor Daily, 19.05.2012, excerpt

Real estate agency Bulgarian Properties announced the launch of their new service Skype Viewings.

According to the company this way the buyer will be able to get an initial visual idea about a number of properties very quickly. Usually a Skype viewing lasts 15-20 minutes. During this ... read more

Offers from our partners