Sun, Nov 22 2009

Mall developers flock to smaller Bulgarian cities

Mon, Jul 28 2008 13:37 CET bydnevnik.bg 144 Views

Seven of the 20 mall-type schemes currently under development across the country are located in cities with less than 200 000 residents, Q2 market data of real estate consultants Forton shows.

Four of the mall developments in progress are in Rouse with one each in Kazanlak, Gabrovo and Pleven, said Forton.

No less than six mixed-use shopping and entertainment schemes have been announced over the last quarter with locations in Sliven, Kazanlak, Stara Zagora, Haskovo, Bourgas ad Blagoevgrad.

Shopping mall projects are also taking shape in bigger cities like Sofia, Plovdiv, Varna and Stara Zagora.

The profusion of mall projects in the major metropolitan areas has sent developers scurrying for opportunities in understored cities with 30 000 to 60 000 residents.

Read the full story on Dnvenik.bg

Write comment

Name:Comment:

Generate new code
Send your comment

More in this category

Bulgarian MPs resurrect proposal to raise spirits excise

Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.

Back to the future

Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector

At a crossroads, again

Kremikovtzi’s prospects for a recovery plan appear increasingly distant

Cash or card?

Bulgarians are getting the hang of debit and credit cards, MasterCard says

Bulgarian telecom Spectrum Net acquires local peer Orbitel

The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.