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Bulgarian REIT Raises EUR 18 mln via New Share Issue
February 27, 2020, 10:49, (Property Xpress) - A Bulgarian real estate investment trust (REIT) has raised a total of BGN 36 mln (EUR 18.4 mln) via a new ...   read more
NEPI Rockcastle’s Sofia Malls Generate Revenue Increase in 2019
February 25, 2020, 12:39, (Property Xpress) - Net operating revenues of NEPI Rockcastle’s two shopping malls in Sofia - Serdika Center and Paradise Center ...   read more
Retail Park Project Breaks Ground in Yambol, Bulgaria
February 24, 2020, 13:57, (Property Xpress) - Trade Center Yambol, controlled by two Yambol-based businessmen, has laid the foundation stone for a BGN 12 ...   read more
Finance Secured for Retail Park Project in Bulgaria
February 19, 2020, 14:33, (Property Xpress) - The Fund for Sustainable Urban Development of Southern Bulgaria has granted BGN 9.3 mln in finance to Trade ...   read more
Rousse to Launch Talks with Eonmetall for Airport Sale
February 19, 2020, 13:18, (Property Xpress) - The municipal council of the Bulgarian city of Rousse has mandated the municipality to negotiate the sale of ...   read more
Dreams Trans to Develop BGN 25 mln Logistics Complex in Bozhurishte
February 18, 2020, 13:52, (Property Xpress) - Dreams Trans company has begun construction of a logistics park in the industrial zone of Bozhurishte. The ...   read more
Update: DZI Acquires Mall Varna
February 17, 2020, 13:55, (Property Xpress) - Insurance company DZI, part of Belgium’s KBC Group, has acquired the Mall Varna complex of two buildings ...   read more
Bravo Property Fund to Distribute Cash Dividends for 2019
February 13, 2020, 13:58, (Property Xpress) - Bulgarian Bravo Property Fund REIT has announced the intention to distribute to its shareholders a dividend of ...   read more
Grand Hotel Millennium Sofia Set to Open in April
February 12, 2020, 17:09, (Property Xpress) - Sofia’s first hotel with a helipad on the roof will open in April 2020. The five-star Grand Hotel Millennium ...   read more
Malaysian Company Interested in Bulgarian Rousse Airport
February 12, 2020, 13:01, (Property Xpress) - An undisclosed Malaysian company is expected to receive an investment certificate for a project to build a ...   read more
DSK Bank Lends EUR 25 mln for Sofia Office Project
February 12, 2020, 11:35, (Property Xpress) - DSK Bank has provided nearly EUR 25 mln in loan finance to Balkan Business Center, which is developing a ...   read more
Sofia Office Building to be Put up for Sale
February 10, 2020, 12:52, (Property Xpress) - A historic building in the city center of Sofia, which has been used as a bank headquarters for over 18 years, ...   read more
DZI Acquires Mall Varna
February 06, 2020, 11:52, (Property Xpress) - Insurance company DZI, part of Belgium’s KBC Group, has acquired the Mall Varna complex of two buildings ...   read more
Fraport Twin Star to Invest EUR 6.0 mln in 2020
February 05, 2020, 12:55, (Property Xpress) - Fraport Twin Star Airport Management, a joint venture company owned by Germany’s Fraport (60 pct) and ...   read more
Delta Real Estate Starts Work on Belgrade HQ Building
February 05, 2020, 10:53, (Property Xpress) - Serbian company Delta Real Estate, the real estate development arm of Miroslav Miskovic’s Delta Holding, has ...   read more
Developer Acquires Land for New Projects in Bulgaria
February 03, 2020, 10:56, (Property Xpress) - A real estate investment and development company has signed an agreement to acquire land plots suitable for ...   read more
Park Center Sofia Reaches 100 Pct Occupancy
January 31, 2020, 11:59, (Property Xpress) - Bulgarian Park Center Sofia shopping center has reached 100 pct occupancy, after signing a lease for 60 sq. m ...   read more
80,000 Sq. m Mixed-use Complex to be Put up for Sale in Bulgaria
January 29, 2020, 10:44, (Property Xpress) - An 80,000 sq. m multifunctional office and shopping center in Bulgaria will be put up for sale by the local ...   read more
Commerzbank to Establish IT Hub in Bulgaria
January 27, 2020, 12:26, (Property Xpress) - Germany’s second largest lender, Commerzbank, is planning to establish an IT hub in the Bulgarian capital ...   read more
Design Permit Issued for Medical SPA Facility in Sofia
January 24, 2020, 11:28, (Property Xpress) - Sofia’s chief architect Zdravko Zdravkov has issued a design permit for a medical spa facility on part of ...   read more
ACN Worldwide, Jiangsu Alfa Bus to Invest EUR 25 mln in Bulgaria
January 20, 2020, 13:25, (Property Xpress) - Chinese companies ACN Worldwide and Jiangsu Alfa Bus have signed a memorandum of understanding with Invest ...   read more
Albena to Open New Five-Star Hotel for 2020 Season
January 17, 2020, 12:11, (Property Xpress) - Bulgaria’s resort operator Albena AD, which in December 2019 sold its entire 91.49 pct holding in local ...   read more
Bulgarian Real Estate Firm Raises BGN 12 mln via New Share Issue
January 13, 2020, 13:29, (Property Xpress) - А Bulgarian real estate company has raised BGN 12 mln to finance its hotel and logistics development projects ...   read more
180,000 Sq. m of Sofia Office Space Put into Operation in 2019
January 10, 2020, 12:18, (Property Xpress) - A record volume of 180,000 sq. m of office space was put into operation in Sofia last year, double compared to ...   read more
Asian Investors to Expand Presence in CEE
January 07, 2020, 13:07, (Property Xpress) - Asian real estate investors are considering expanding their presence in Central and Eastern Europe (CEE). ...   read more

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