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Bulgaria business property deals contracted sixfold – Forton

Bulgaria business property deals contracted sixfold – Forton

Oct 28 2009 13:56 CET by Dnevnik.bg 2 comments

Office rent transactions peaked at 65 000 sq m between July and September 2008, but collapsed to 10 700 sq m in Q3 2009, Forton manager Sergei Koinov said.

Luxury real estate prices in Bulgaria slump by 40% - study

Luxury real estate prices in Bulgaria slump by 40% - study

Oct 26 2009 15:39 CET by Nick Iliev 4 comments

Most potential buyers are now opting to buy a luxury flat in the range of 120 000 to 150 000 euro or a single family home for about 500 000 euro.

Bulgaria's construction sector facing 'survival year' in 2010 - Minister

Bulgaria's construction sector facing 'survival year' in 2010 - Minister

Oct 26 2009 14:33 CET by Nick Iliev 1 comment

About 30 000 to 35 000 people employed in the construction sector were facing redundancies in 2010, Bulgaria's Regional Development Minister Rossen Plevneliev said on October 26.

Housing prices in Bulgaria fell 28 per cent year-on-year – official

Housing prices in Bulgaria fell 28 per cent year-on-year – official

Oct 23 2009 15:22 CET by Clive Leviev-Sawyer 8 comments

Average market prices of housing in Bulgaria dropped five per cent in July-September, measured quarter-on-quarter, the National Statistical Institute said on October 23 2009.

Key interchanges in Sofia will be constructed with European Investment Bank loan

Key interchanges in Sofia will be constructed with European Investment Bank loan

Oct 21 2009 15:32 CET by Nick Iliev

The European Investment Bank (EIB) has released a 43.5 million euro loan to Sofia Municipality, for infrastructure projects worth 88.1 million euro in total

Construction of 160 000sq m of office space in Sofia stalled

Construction of 160 000sq m of office space in Sofia stalled

Oct 20 2009 15:20 CET by Nick Iliev 3 comments

Complexes exceeding 900 000 sq m of new office space are currently under construction in Sofia, but many of them will be slashed.

Selling greater Budapest to Europe

Selling greater Budapest to Europe

Oct 15 2009 12:13 CET by Claudia Mari - The Budapest Times

Expo Real is the largest European commercial property trade fair. Today the heart of the trade fair is beating in the same rhythm as the heart of the industry, i.e. considerably less excitedly than in previous years.

Bulgaria ups property tax

Bulgaria ups property tax

Oct 15 2009 10:14 CET by Dnevnik.bg 1 comment

The Bulgarian government gave the green light to a proposal to raise the maximum property tax rate from 0.2 per cent to 0.25 per cent of the property appraisal.

Eurohold Bulgaria sells Avto Union Centre for 27.3M euro

Eurohold Bulgaria sells Avto Union Centre for 27.3M euro

Oct 12 2009 11:48 CET by Nick Iliev

Eurohold to use 16.8 million of the proceeds to extinguish its financial obligations with Piraeus Bank Bulgaria, while 10.5 million euro will be invested in insurance and vehicles.

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