In many parts of the world homeowners have a reason to fear the credit crisis which overtook the world. However, this does not apply for Bulgaria. Due to the investments of Eastern Europeans and the increased number of domestic buyers the real estate market in the country has demonstrated unexpected resilience. The global credit crisis reverberated the strongest in the USA and the UK therefore in [Read more...]

Britain's Winlan has announced plans to invest 184 mln levs in Bulgaria's first retail park. The project, which Wednesday received a First Class Investor certificate from Bulgaria's investment promotion authority, will be implement by Retail Park Sofia, 85%-owned by Inland Bulgaria Limited. It has bought 24 ha of land between the capital's Lyulin and Filipovtsi boroug [Read more...]

The largest ever single transaction in the industrial properties sector in Bulgaria has been finalised, Colliers International reported. Colliers consultants structured and brought to a successful conclusion a deal for 22 000 sq m of warehouse space in the pioneering project Industrial Park Sofia East between leading distributor Kaven Orbico and the project's investors. The sum of the deal is [Read more...]