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Current date: 2013-05-25 02:13
Bulgaria is beautiful small country situated in south-eastern Europe. Learn more about Administrative Territorial Division of Bulgaria - regions, districts, municipalities, cities and villages.
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Properties: SMS alert service notifies for any change in ownership of own property in the National Land Registry
Bulgaria >> Friday, 2013-02-15 15:40
New SMS alert service was presented on Wednesday by the Registry Agency, through which for a modest subscription fee everyone can be alerted for any change in ownership of his property in the Land Registry. Users can register on the site of the Agency and subscription of BGN 6 for two years, which includes 500 text messages, will be notified in entries, deletions of property transactions and any changes. This subscription will be valid for up to 10 properties, and messages to addressees will contain no ...
Properties: First Investment Bank acquires "Sky center" building at center of Veliko Tarnovo
Town of Veliko Turnovo >> Wednesday, 2012-10-24 10:54
The buidling, situated in Veliko Turnovo`s center, known as Sky center is already property of First investment bank . The title deed has a date of October 11th 2012. It is for transfer of property’s ownership instead of for money debt to the amount of BGN 11 million. This is the sum that Capital Investment owes to the bank. First investment bank is to get the building, as well as other extras around it, so that the huge debt is paid fully. The indebted company’s exectuive director solves his financial pr...
Properties: Property market in Bulgaria slowed down in the first half of 2012
Bulgaria >> Friday, 2012-10-12 11:02
The activity on the property market in Bulgaria slowed down in the first half of 2012, compared to the same period of last year, read an analysis of Yavlena real estate agency. Company data shows that the share of transactions conducted in the five largest cities ( Sofia , Plovdiv , Varna , Burgas and Stara Zagora ) in the total volume of real estate deals has decreased and the decline can hardly be compensated by the stir-up on the property markets in smaller towns. According to statistics, during ...
Properties: Property developer Orchid Developments has secured extension on the EUR 97.6 million credit
City of Varna >> Tuesday, 2012-10-02 13:25
UK-listed Bulgarian-focused property developer Orchid Developments has secured extension on the EUR 97.6 million credit borrowed for the multi-use complex Grand Mall in the Bulgarian city of Varna . Under the new terms of the credit, extended by European banking consortium led by OTP and MKB Group, the payment of the principal, amounting to EUR 2.4 million, due for the period from July 2012 to June 2013 will be suspended unless the company`s cash flow is sufficient to make the payment. The principal wi...
Properties: Construction of a high-tech park Sofia Tech Park starts soon
City of Sofia >> Tuesday, 2012-06-19 10:45
Sofia Tech Park, a high-tech park in the Bulgarian capital whose construction is due to start shortly, is expected to become operational by the end of 2015. The first stage of the project will get EUR 50 million ($62.95 million) in financing under the EU-funded Competitiveness operational programme. A figure for the project`s total estimated cost has not been mentioned. The park will cover an area of 270,000 square metres. A company that will run the project, Sofia Tech Park, has been set up with a ca...
Properties: ECDC wants to sell its projects for a retail park in Bourgas
City of Bourgas >> Thursday, 2012-06-07 12:14
Source: Capital Daily
Investment fund European Convergence Development Company (ECDC) seeks a way to sell its projects for a retail park in Bourgas . Except for it the fund has shares in two malls in Bulgaria- Galleria Plovdiv and Mega mall Rousse , as well as in another planned retail park near Sliven . Because of the weak property market, however, the value of property held by it reduced for a consecutive year. Retail park Kraimorie near Burgas is a joint ECDC’s project with the Plovdiv company Sienit. The fund ha...
Properties: Tender for the Landmark Centre Varna is cancelled
City of Varna >> Monday, 2012-04-09 11:04
Source: Capital Daily
Richard Macdonald, owner of Landmark Centre Varna, announced that he has cancelled the tender for the real estate scheduled for 21 March as he was currently negotiating with buyers a price higher than the initial cost that would be offered on the tender - EUR 6.7 million. Landmark Bulgaria Park was pledged as security against an investment loan from Eurobank EFG of EUR 6.9 million in 2006.
Properties: Bulgarian and foreign companies invest in their own factories and logistics centers
Bulgaria >> Tuesday, 2012-02-28 11:59
Source: 24 chasa
Bulgarian and foreign companies operating in the country, invest in their own factories and logistics centers, reported commercial real estate consultants. Some of the largest bases are of Sopharma and Simid in Sofia . Their area is respectively 20,000 and 26,000 square meters. Total, about 7 production, warehousing and logistics facilities are under construction in the capital, two are in Elin Pelin region . There is one in Lovech , Ruse , Varna and Haskovo . According to data of&nbs...
Properties: Austrian investment company starts the construction of MegaMall shopping centre in Sofia
City of Sofia >> Wednesday, 2012-01-18 13:06
Austrian real estate investment company Real4You Group plans to launch the construction of a MegaMall shopping centre in the Bulgarian capital Sofia in February, the project`s leasing agent DTZ Echinox said. DTZ Echinox provided no further details. The shopping centre will span an area of 11,700 square metres and will have a total rentable area of 24,675 square metres, according to data published on Real4You`s website. It will be located in the western part of Sofia .
Properties: Orchid Developments in renegotiations with Raiffeisenbank AG about a loan for construction of Business Centre Varna
City of Varna >> Thursday, 2011-12-01 10:56
Cayman Islands-based real estate investment trust Orchid Developments Group Ltd, the owner of the Grand Mall Varna shopping centre in Bulgaria`s Black Sea city of Varna , has started talks with Raiffeisenbank AG to renegotiate the repayment terms of a 3.1 million euro loan. The loan was obtained for the construction of Business Centre Varna, a project implemented by its subsidiary Orchid Centre Varna. The company, however, decided earlier to freeze the project because of the economic crisis and wait fo...                    >>
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- Shumen-based Carlsberg brewery starts again after temporary winter break
- Colossal project for extraction and processing of gold containing ores near Breznik
- Shumen municipality may terminate contarct with Israeli company for heating utility Toplofikatsia Shumen EAD
- Bulgarian ski resort operator Pamporovo raises its capital to BGN 1.61 million
- BG Parliament accepted the resignation of Prime Minister Boyko Borisov and his Cabinet
- SMS alert service notifies for any change in ownership of own property in the National Land Registry
- Vinprom Peshtera JSC is amomg the largest taxpayers in Bulgaria
- The government terminated concession contract for the sea beach Shkorpilovtsi - north
- The average monthly salary in Bulgaria - near EUR 415 for December 2013
- ABB Group reorders its organizational structure - merged units in Varna, Sevlievo and Rakovski
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