Sun, Nov 22 2009
Nearly 330 exhibitors from 18 countries took part in the 16th edition of International Property, Investment and Finance Fair REFE, an increase of 12 per cent in comparison to figures for the previous year. REFE took place from April 20 to 22 in Poland.
In the investment part of the 16th REFE banks, property managers, city and commune councils presented property investment opportunities. Discussions on finance, business, investments and tourism assets of cities and towns were held during the main part of the expo. Its third part focused on residential developments.
A conference on investment potential of Central and Eastern Europe seemed to be a focal event. Other lectures saw the participation of 41 speakers from Bulgaria, France, Poland, Romania, Ukraine and US.
Organisers said that the autumn edition of the expo will focus on Polish companies.
The autumn edition of the expo will be intended for developers, investors, representatives of national and regional authorities, city and municipal councils, chambers of commerce and trade, sector associations, architects, and others having interest in the property sphere.
The Black Sea town of Pomorie has approved a proposal for the construction of a spacious and modern marina, with a capacity of over 600 yachts and small passenger ships.
Over the course of a year, from one of the leaders in Europe in new construction, Bulgaria became one of the countries currently quagmired at the bottom of the table and was now amongst the three worst hit countries, along with Romania and Slovenia.
The park is posed to act as an economic stimulant in the region, creating a modern infrastructural base for companies. It is set for completion by Q3 of 2010.
Both retailers target at least 50 outlets in Bulgaria by the end of 2010.
When will Bulgaria’s real estate and construction sector recover?