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Construction of big shopping centre in Sofia is pending completion

Article published from on 2009-10-01 01:00:00
Category: Properties in Sofia

The construction of one of the biggest shopping centres in the southern part of Sofia is pending completion, with the ribbon-cutting ceremony scheduled for spring, the project manager, Valentin Zhekov, told reporters on Wednesday. The mall will pop on the ring-road and will target wealthy Sofianites from the upscale suburban quarters of Boyana, Dragalevtsi and Simeonovo as well as transit shoppers and entertainment seekers.

The seven-storey complex with a 500 sq m extension option has a floor space of 9,000 sq m including 7,000 sq m of retail area and 300 parking slots, said owners, Petya and Valentin Zhekovi, whose company has a 20-year experience in retail construction.

The first floor will host a hypermarket and the next four levels will accommodate shops and retail outlets, with leisure and entertainment facilities due to open on the fifth and sixth floors. The building`s top level will offer a pastry shop and a restaurant with a panorama view to the city and the Vitosha Mountain.

The rental prices are set at EUR 10-15 a sq m or substantially lower than retail space rents in other locations in Sofia and major cities, said Valentin Zhekov. The shopping centre will be erected by construction firm Bulan with the financial backing of local lender UniCredit Bulbank.
Source of the article
Location Town Sofia
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