Over <Em>Bulgarian</Em> Property Developments ... Foreign Investments Reign | Nice Places in Bulgaria. Bulgaria Guide.
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7/11/08

Over <Em>Bulgarian</Em> Property Developments ... Foreign Investments Reign

Foreign investments reign over Bulgarian property developments ...
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Any unauthorised reproduction or use of it is strictly forbidden. At the initial stage of those developments, there had been a partial share of Bulgarian investors, which was later sold to foreign players.This pattern was repeated with Sofia City Centre, which was acquired by the investment fund Equest Balkan Properties for 94 million euro. In Hungary, Romania and Slovakia their share is 100 per cent, the survey says. Next year, in Sofia alone the completed retail and office centres will supply another 154 000 sq m to the market.King Sturge’s survey suggests that the tendency of foreign investors to dominate property developments is typical for the countries in Central and Eastern Europe. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site.

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