Bulgaria the thirdmost attractive FDI destination in SEE E amp;Y

Author: admin / Category: Finance
Bulgaria is the third mostattractive destination for foreign investments in Southeastern Europe after Turkey and Romania, according to the Southeast Europe Attractiveness Survey 2008, compiled by the independent market researcher CSA at the request of Ernst amp; Young and released on April 24.

Black Sea Investment REIT rights issue to trade April 1424

Author: admin / Category: Bulgarian Property for sale, Finance
Black Sea Investment real estate investment trust REIT issue rights will trade on the Bulgarian Stock Exchange BSE starting from April 14 until April 24, the REIT said in a filing to BSE on April 4.

France is still a good property bid

Author: admin / Category: Bulgarian Property for sale, Finance
Investors with property in France can be generally confident that they will receive a reasonable return on their investment, Nick Dowlatshahi, managing director of Leapfrog Properties, told holidaylettings.co.uk.

FairPlay Properties REIT borrows money for buying plots in Sofia

Author: admin / Category: Bulgarian Property for sale, Finance
FairPlay Properties real estate investment trust REIT, part of FairPlay International Jsc, has signed three loan agreements to secure cash for the purchase of land plots in Sofia residential district Studentski Grad, Dnevnik daily reported.

Park REIT announces 2007 financial results

Author: admin / Category: Bulgarian Property for sale, Finance
Park real estate investment trust REIT registered an annual profit of 5.73 million leva for 2007, 5.72 million of it generated after the mandatory reevaluation of the funds investment properties as required by the law regulating special purpose vehicles.

US ProLogis pours another 91.7M euro in real estate across Europe

Author: admin / Category: Bulgarian Property for sale, Finance
ProLogis European Properties, a subsidiary of the United Statesbased company ProLogis, specialised in logistic space, plans to invest another 91.7 million euro in real estate across Europe, Europe RE real estae website reported.

Bulgarias economy grows more vulnerable Coface

Author: admin / Category: Bulgarian Property for sale, Finance
Frenchbased leading credit management firm Coface put Bulgaria in its list of countries under surveillance due to the increasing amount of business risk, the credit insurance agency said in a statement on March 30. Coface also downgraded its country risk rating from quot;A4 quot;, which it assigned in January last year, to quot;A4 quot;.

FairPlay Properties REIT distributes 8M leva as dividend

Author: admin / Category: Bulgarian Property for sale, Finance
At their annual meeting on 25 March, the shareholders of FairPlay Properties Real Estate Investment Trust REIT decided to distribute eight million leva of the companys profit for 2007 as dividend, the company said in a statement.

quot;Barbies band quot; to rediscover Bulgaria

Author: admin / Category: Bulgarian Property for sale, Finance
Bulgarias property market is 85 per cent foreign investmentdriven and has been experiencing an outflow of British and Irish buyers lately, but the predictions of some pundits for a readvent of British buyers could still be proven right, as UK investors have not lost their zest for investing in property abroad.

Mel Invest targets acquisition of 8000 ha of arable land in 2008

Author: admin / Category: Bulgarian Property for sale, Finance
Bulgarian real estate investment trust REIT Agricultural Land Opportunity Fund Mel Invest expects to buy 8 000 ha of arable land at an average cost of 2 500 leva a hectare in 2008, according to the prospectus for the upcoming equity hike of the company, submitted to the Bulgarian Stock Exchange.