Shopping spree
Investors remain interested in business properties
Sun, Nov 22 2009
About 4 results were found.
Defence Ministry’s administrative building draws no bids, while Sir Norman Foster’s Black Sea Gardens project is shelved
Who would have thought at the beginning of 2003 that the run-down, half-completed concrete structure on the corner of Alexander Stamboliiski and Opulchenska boulevards in Sofia would soon turn into the high end of sale-for-profit investment. Nowadays, it has also become an indicator of the direction that Bulgaria's property market has taken.
After a close to two-year search for a suitable piece of land for the first Bulgarian store of the IKEA home-furnishings chain, a site has finally been found. And plans are for it to be operational by early 2010. News from the beginning of August has it that the Greek company Fourlis, which holds the rights to the Swedish company for Bulgaria, has signed a contract for the acquisition of a parcel of close to 60 decares. Its address?