Plovdiv builder to invest 50M euro in grand-scale project
Yazov, a Plovidv-based construction company, announced that, on January 5 2009, it would turn the first sod on a 50 million euro project called Sky Buildings, Dnevnik daily reported on January 3.
Photo: Yazov-bg.com
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17:52 Mon 05 Jan 2009 - Svetlana Guineva
The Sofia Echo
Yazov, a Plovidv-based construction company, announced that, on January 5 2009, it would turn the first sod on a 50 million euro project called Sky Buildings, Dnevnik daily reported on January 3. The plan envisions 21 buildings on a land plot of 3.2ha with a total built-up area of 129 000 sq m, near Assenovgradsko Chaussee and Lokomotiv Stadium. Two of the buildings meant for office spaces are to boast 27 storeys, making them the tallest facilities in Plovdiv. read more
 
 
Plovdiv builder to invest 50M euro in grand-scale projectSvetlana Guineva
The Sofia Echo
Yazov, a Plovidv-based construction company, announced that, on January 5 2009, it would turn the first sod on a 50 million euro project called Sky Buildings, Dnevnik daily reported on January 3. The plan envisions 21 buildings on a land plot of 3.2ha with a total built-up read more
 
 
 
 
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English-language countries have shown a remarkable interest in Bulgarian property, according to data from Globaledge Portal, which has more than 1.4 million international orders for real estate from around the world. read more
 
 
 
 
Construction on Mega Mall Lyulin startsNick Iliev
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Cold feetClive Leviev-Sawyer
Projects across various sectors of Bulgarias property market are being put on hold, the main reason being the global economic crisis. The effect is not universal and some major transactions have gone ahead, including the 101.5 million euro change of hands of City Center read more
 
 
Property funds grappling with tight fundingDnevnik.bg
Bulgarian property funds developing or prepping to start projects are facing financial difficulties, market representatives told Dnevnik. The global economic doldrum has dampened demand and frozen prices on the property market, where some segments are even seeing downward price read more
 
 
National Agency for Road Infrastructure pinpoints critical areasNick Iliev
A list of potentially critical sections of the highways around the country has been compiled and released to traffic police. That way snow-clearing equipment can be deployed on time and additional measures installed to secure the safety and security of citizens, Ivan read more
 
 
Mall rents in Romania drop by 50%Nick Iliev
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Cedar house experience first handSvetlana Guineva
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Working 'smart' is more important than slaving for long hours, says Atanas Garov, managing director of Colliers. And his record speaks for itself... It's 6pm on a bitterly cold December evening in Business Park Sofia. Staff at the Holiday Inn and surrounding cafes are fiddling read more
 
 
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Media ReviewsVarious
Global house price report for 2007www.homesgofast.comThe site reports on a worldwide property survey by economists at Global Property Guide on last year's international house prices. The survey's findings confirm a crash in the US housing market, a slowdown in Europe's housing read more
 
 
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Based on Artu Paasilinna's bestselling novel, the film Vatanen's Hare tells the story of a life-changing trip around Canada. The movie was shot in Velingrad two years ago. The producer's decision to use this relatively unknown Bulgarian spa resort, 133km south of Sofia, caused read more
 
 
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The Russian appetite for foreign real estate is still in its infancy, particularly compared to the overseas buying frenzy among the British. Yet there is every sign that Russian buyers are on the move, aided by a flourishing domestic economy and an ever-widening choice of read more
 
 
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As affluence grows, more people can afford to buy a luxury property. By doing so, they acquire not only a unique asset but also a wise investment for their futures. Bricks and mortar, especially an upscale development, appreciate in value more than a high interest read more
 
 
The Baltic bubble that burstOr how real estate buyers in Latvia snatched defeat from the jaws of victory...Stanislava Ciurinskiene
The Latvian example is a shocking reminder that an increase in real estate values is not inevitable. The property meltdown that has befallen the Baltic over the past year did not stem from economic conditions in Europe. Rather, it was a serious disintegration triggered by read more
 
 
Energy bustersNew developers, aided by landscape architects, are starting to prioritise conservation over reckless construction. And it's long overdue...Desislava Leshtarka
Real estate development is a lucrative large-scale business. So it's unsurprising that some greedy investors have an interest in exploiting every square centimetre of their plot. Unfortunately, this attitude undermines the appeal of a building as well as the comfort and read more
 
 
Invasion of the trade snatchers? Malls are spreading into smaller towns with few precedents to guide them, only the examples of big cities. Albena Pino
After an avalanche of investment in shopping centres in Sofia, Varna and Plovdiv, another trend has emerged. Entrepreneurs targeted smaller regional urban centres where markets have not yet reached the maturity of the "big three". Realtors have one simple rule for malls: one read more
 
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