ECE Projectmanagement Bulgaria, the Bulgarian arm of German developer ECE, will shortly launch construction on its 40storey Europe Tower, company manager Plamen Ilchev told Mediapool.bg.
Dobrinishte resort has been attracting investor and tourist interest in recent years. Some see it as an alternative to the frontrunner Bansko because of its reduced construction and the ski zone just above the resort, which includes a 5 km long piste starting from Bezbog chalet and passing by Gotse Delchev lodge as well as a twoseat lift and a number of draglifts.
There was little new supply in the industrial market in Bulgaria during the second half of 2007, but several larger projects are expected to start delivering new space in the first half of 2008, Colliers International latest report says. quot;Only Romania has a developed industrial property market
On February 14, the civil group Daspasimirakli.org Lets save Irakli, lobbying to stop all construction along the Black Sea coastal site of Irakli, organised the longest kiss in the history of environmental protection and the most ecological kiss in the history of St. Valentines Day.
After the abrupt housing price rises of recent years, the residential market in the euro zone is cooling off and will gradually return to normal, according to the monthly bulletin of the European Central Bank.The annual growth rate of residential property prices for the euro zone as a whole was five per cent in the first half of 2007
Arco Invest Ltd, the Bulgarian subsidiary of Tallinn Stock Exchangelisted Arco Vara, concluded a 3.1 million euro contract with the construction company GlavbolgarstroySofia Jsc for the construction of the second stage of the Madrid project, which includes the buildings interior.
Work on the Black Sea Golf amp; Country Club development in the coastal village of Kableshkovo has been suspended. The decision was taken because the Pomorie municipality and NGB Consulting are still arguing over the participation of the local government in Cabland, the joint venture specially incorporated for the purposes of the project.
Dutch TKP Pensioen Real Estate Fonds TREF, which claims to be the biggest property fund in Europe with investments of more than one billion euro, has declared its interest to invest in Bulgaria, investor.bg quoted the head of real estate investment at TKP Investments, RobertJan Tel, as saying.
The Irish Sandymount home of missing solicitor Michael Lynn is to be sold at public auction, a court heard on February 11, the Irish Independent Daily reports.Number 20 St Albans Park, the Dublin family home of Mr Lynn and his wife, Brid Murphy, is the subject of a number of claims from banks
DTZ Corporate Finance, a part of DTZ consultancy, has launched a fund to grant European institutional investors access to Brazils fastgrowing real estate market, PropertyEU reports.The fund was incorporated by Monteiro Aranha, a listed Brazilian holding company