01 August 2010


Pictures of the Issue
 
CB Richard Ellis expands to Romania with 35 million US dollars acquisition
13:30 Tue 12 Feb 2008
In June 2007, CB Richard Ellis decided to end its six-year partnership with its Romanian affiliate, which has since changed its name to Cornerstone International and is a reported acquisition target for Atisreal, the real estate services subsidiary of BNP Paribas.
In June 2007, CB Richard Ellis decided to end its six-year partnership with its Romanian affiliate, which has since changed its name to Cornerstone International and is a reported acquisition target for Atisreal, the real estate services subsidiary of BNP Paribas.
 
 
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Dobrinishte resort gains ground on Bansko
Bulgaria's industrial properties market remains underdeveloped
Kissing marathon to stop Black Sea construction in Irakli
Residential prices in the euro zone heading for normalisation, according to ECB
Arco Invest and Glavbolgarstroy sign a 3.1 million euro agreement
Pomorie golf development suspended due to ownership and profit sharing wrangles
Europe's largest property fund declares interest in Bulgaria
Lynn's home to be auctioned
Brazilian property fund is set up to serve European investors
A new business complex will spring up near Kempinski Zografski hotel
The fifteen lowest regions in the rankings were all in Bulgaria, Poland and Romania, with the lowest figures recorded in the North-East of Romania (24 per cent of the average), followed by Severozapaden and Yuzhen tsentralen in Bulgaria (both 27 per cent).
"Without quality golf courses Bulgaria will remain a cheap destination. It will continue to attract tourist flows, but without any major impact on the economy."
Logistic and Industrial areas: the speculative space is still under-supplied
Albena resort promoted in Romania
Retail space market - not oversupplied yet, according to Colliers
Upsurge of all commercial property segments in Bulgaria, Romania and Serbia
Sofia office market adds 98 000 sq m in second half of 2007
British investors flee Bulgarian winter resorts
"Only two per cent of the people in the branch are professionals. The others are random players that have already started to sell out their hotels piece by piece because they can not pay back their debts."
World superstars boost Sofia property prices, according to Obelisk
Pension funds to bankroll large infrastructure projects
Spanish Riofisa presents its 270 million euro retail project CIVIS CENTER
London proved the most expensive city in terms of industrial space rentals.
EU and OECD (Organisation for Economic Cooperation and Development) citizens will be entitled to owning property in Macedonia.
The current price of an apartment in Milan or Rome is 15 average annual salaries.
Last year Atlas Estates acquired an office building in Sofia for 7.3 million euro.
Investors build in Bansko and legalise their developments in Sofia
Budapest
FIA Bulgaria offers investors 525 000 shares at a face value of one lev and issue price of 9.31 leva a share.
Kavrukov said that the office segment still makes for a lucrative investment.
Bulgarian REITs increase their assets
Although Pamporovo has not yet witnessed the over-construction of places like Bansko the resort has a solid pipeline of projects.
Bulgarian real estate agents call for urgently needed regulation
Mel invest REIT - Sofia performs a capital raise
Bulgarian banks covertly increase interest rates
First shopping centre in ethnic Albanian-majority area of southern Serbia to open in summer 2008
Four new companies start trading shares on the Bulgarian Stock Exchange
Colliers International opens new Montenegro office on February 12
UK-based New Europe Property Investments buys two Romanian companies for 46 million euro
Hilti Bulgaria Ltd rents offices and warehouses in Sofia Airport Centre
Demand for residential properties in Sofia not yet at saturation point
Neighbourhoods comprising panel apartment buildings also have the advantage of a developed transport infrastructure, kindergartens and schools.
The Government considers golf tourism important, but it should be part of a wider strategy for the tourism sector, Stanishev was quoted as saying.
Bulgarian agricultural fund BG Agro halts SPO plans
Seventy-seven Bulgarians have borrowed loans in excess of 1 million leva
German NewYorker leases Varna store
CSFI fund to invest 500 million euro in real estate, energy, manufacture and finance
To make the new ski runs more attractive to tourists, the company also plans to invest in a villa settlement in Stoikite.
Tax on real estate and vehicles in Sofia to be increased
Mortgages form 78 per cent of all loans taken out in January
A year earlier Invest Property acquired 39 946 sq m of land in Vratsa's eastern industrial zone for 1.6 million leva.
UK property investors, who accounted for 40 per cent of all Bulgaria property investment in 2007, followed closely by Russian investors at 38 per cent, have played a primary role in maintaining favourable market conditions.
Residential sale prices increase at a quicker pace than rentals, so accounting for the slowdown of returns on these investments, the think-tank comments.
Kavarna Municipality green-lights Bulgarian Land Development's July Morning project
Bulgarians choose mortgage loans according to monthly instalments
REITs gain ground
Bright future for high-quality office developments
Exchange Rates
31 Jul 2010
EUR1.9558
USD1.5013
GBP2.3426
CHF1.4444

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