ECPC rejects offers for Veliko Turnovo mall, hopes to close deal soon

Posted on 31st March 2008 by Golden Sands Apartments in Golden Sands Apartments
European Convergence Property Company investment fund ECPC, the owner of Central Mall in Veliko Turnovo, said in a filing with the London Stock Exchange on March 31 that it had received a number of offers for the retail centre.
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Israeli Electra to develop residential scheme in Varna

Posted on 31st March 2008 by Golden Sands Apartments in Golden Sands Apartments

Israeli real estate developer Electra Group has started construction on its first Bulgarian project a gated residential community in Varna, to be named Botanic VIP Residence, the companys sales manager Petar Petrov told Dnevnik daily on March 30.

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Bulgarian investors eye properties in the US

Posted on 31st March 2008 by Golden Sands Apartments in Golden Sands Apartments

The financial crunch and a feeble dollar are not such bad news for the United States property market, Pari daily reported.

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About 60 per cent of the apartments in Winslow Gardens sold offplan

Posted on 31st March 2008 by Golden Sands Apartments in Golden Sands Apartments

Investment company Winslow Developments has sold about 60 per cent of the apartments in its residential complex Winslow Gardens in Sofias Manastirski livadi borough even before starting construction on the first phase of the gated community, the company said in a statement on March 31.

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Mixeduse development to sprawl on site of former Ramstore in Zapaden Park

Posted on 28th March 2008 by Golden Sands Apartments in Golden Sands Apartments
A modern office and retail centre will spring up on the site of the former Ramstore hypermarket in Sofias Zapaden Park Western Park neighbourhood, Dnevnik daily reported. The project, which is still in an incipient stage, is developed by the plotowner Israeli national Ori Niv and his company On Bulgaria.
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