Bulgarian construction sector is still lagging behind

In 2011, GDP of Bulgaria is anticipated to record a surge of 2-2.5%. Compared to the overall economy, the Bulgarian construction sector is still lagging behind in revival. This is reported in the actual market report by Buildecon. In... more...

Wednesday, 1. February 2012

S Immo gains H&M as a tenant also at Serdika Center

S Immo AG has gained another very renowned tenant at its Serdika Center shopping centre in Sofia: After opening a shop at Bucharest's Sun Plaza, the largest shopping centre in Romania, in November 2011, the Swedish fashion chain H&M has... more...

Tuesday, 27. December 2011

Bulgarian pharmaceutical companies upbeat on 2012 outlook

Bulgarian pharmaceutical companies are optimistic about the development of their sector in 2012 while holding a moderate view on the outlook for the country's overall economic environment, a survey conducted by Colliers International in... more...

Wednesday, 30. November 2011

Pharmaceutical companies - sustainability of office space is not very important

Bulgarian pharmaceutical companies are optimistic about the development of their sector in 2012 while holding a moderate view on the outlook for the country's overall economic environment, a survey conducted by Colliers International in... more...

Wednesday, 30. November 2011

H&M to open second location in Bulgaria

International retail brand Hennes & Mauritz AB (H&M) will open their second store in Varna, Bulgaria’s second largest city. Colliers International, exclusive leasing consultant for Grand Mall where H&M have leased the space,... more...

Monday, 7. November 2011

Bulgaria, the Serdika Center in Sofia - Photo: Bulgaria, the Serdika Center in Sofia

S Immo: Sofia's Serdika Center awarded DGNB gold certificate

As the first shopping center in Bulgaria, the Serdika Center in Sofia was awarded the DGNB Certificate in Gold by the Bulgarian Green Building Council (BGBC). The BGBC certification... more...

Friday, 30. September 2011

Sofia Ring Mall, Bulgaria, Retail - Photo: Sofia Ring Mall, Bulgaria, Retail

Sofia Ring Mall starts construction works

Sofia Ring Mall selected Glavbolgarstroy and Arcon Constructions as the main construction companies for the project. The contract was signed last Friday, 2nd of September. The selected companies will be involved in phase one, being... more...

Friday, 9. September 2011

Europa Capital completes acquisition of Mall of Sofia from GE Real

Europa Capital LLP, the fund manager of Europa Fund III and the Europa Emerging Europe Fund has completed the acquisition of Mall of Sofia in Bulgaria, from GE Real Estate and Avestus Capital Partners. This is Europa’s second... more...

Wednesday, 17. August 2011

Meliá Hotels International to open its sixth hotel in Bulgaria

Meliá Hotels International has recently announced the opening of its sixth hotel in Bulgaria. The Sol Marina Palace is a four star resort with 128 rooms located in Nessebar and strengthens the Spanish hotel company’s hotel portfolio... more...

Thursday, 28. July 2011

Europa Capital acquires Mall of Sofia

CB Richard Ellis, together with its affiliate company in Bulgaria MBL, exclusively advised Europa Capital on securing the acquisition of Mall of Sofia, a prime Bulgarian shopping centre, from GE Capital and Avestus Capital Partners. more...

Wednesday, 22. June 2011

Europa Capital acquires shopping centre in Sofia

CB Richard Ellis, together with its affiliate company in Bulgaria MBL, exclusively advised Europa Capital on securing the acquisition of Mall of Sofia, a Bulgarian shopping centre, from GE Capital and Avestus Capital Partners. more...

Thursday, 16. June 2011

Europa Capital to acquire Mall of Sofia from GE Real Estate and Avestus

Europa Capital LLP has announced it has entered into an agreement to acquire Mall of Sofia from GE Real Estate and Avestus Capital Partners. Mall of Sofia is a 23,600 sqm (254,000 sq ft) shopping centre with 10,400 sqm (112,000 sq ft) of... more...

Wednesday, 8. June 2011

Michael Kusnier, C&W hospitality team - Photo: Michael Kusnier, C&W hospitality team

Michael Kusnier strengthens C&W hospitality team

Michal Kusnier (33) has become Hospitality Analyst for the CEE region in Cushman & Wakefield as of May 2011. Michal will closely work with Frédéric Le Fichoux, Head of Cushman &... more...

Tuesday, 10. May 2011

Direct European real estate investment volumes totalled €26 billion in Q1 2011

Direct commercial real estate investment volumes in Europe in the first quarter 2011 (Q1 2011) totalled €26 billion, a 32 percent increase on figures for Q1 2010, according to new research from Jones Lang LaSalle. Successful debt and... more...

Tuesday, 26. April 2011

Market momentum builds as Q1 European property investment hits €26.7 billion

The first quarter (Q1) of 2011 saw European commercial real estate transactions hit €26.7 billion as the investment market builds further momentum, according to the latest data by CB Richard Ellis (CBRE). more...

Tuesday, 26. April 2011

Urban photographer of the year competition - ‘Waiting at the Stop’ wins Irish country award

The Dublin office of CB Richard Ellis Group has announced the winner of its annual Urban Photographer of the Year competition. CBRE also announces the Ireland country winner for the... more...

Wednesday, 20. April 2011

European logistics market recovery underway with 20% average increase in take-up during 2010 in core markets

European GDP growth coupled with consumer and industrial production has created a platform for a steady but sustainable recovery in the European logistics market according to a new report ‘Property Times - European Logistics’... more...

Wednesday, 20. April 2011

Kurt Ritter, President & CEO von Rezidor - Photo: Kurt Ritter, President & CEO von Rezidor

Kurt Ritter continues as Rezidors President & CEO until 2015

The Board of Directors of The Rezidor Hotel Group has decided to extend Kurt Ritter’s employment agreement past its current expiration date of February 2012 for a period of three... more...

Monday, 18. April 2011

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