Most of the Office Buildings in Sofia are in the Region of 'Tsarigradsko Shose' Blvd.
Most projects for office building are in the region of Tsarigradsko shose Blvd in Sofia.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
A new office complex with a Hilton Garden Inn hotel will be opened in Bulgaria's capital Sofia in the third quarter of 2011, according to reports.
About EUR 40 M will be invested in the BLU Offices & Hilton Garden Inn complex, reported Bulgarian business news site investor.bg citing IHM OOD, the investor in the new development.
The new office and hotel complex will be located on the Brussels Blvd very close to the Sofia International Airport. The first Hilton Garden Inn-branded hotel in Bulgaria will have 200 rooms.
The offices will be located in two 65-meter-high towers (16 storeys each), with a total of 20 000 square meters of office space; the entire complex will have a built-up area of 50 000 square meters.
The funding for the investment is provided by Erste Group Immorent (EGI). According to Yani Stoimenov cited as a consultant to the project, the funding is under favorable interest rates, and allows the investors to offer offices at very attractive prices, possibly with zero rent for the first one or two years. In his words, for the next 5-10 years, however, the offices in the complex will cost EUR 8 per square meter per month.
The Bulgarian capital Sofia already has a Hilton Hotel, the Hilton Sofia, in its downtown; a Doubletree by Hilton hotel was opened in the Golden Sands resorts in the summer of 2010 to be followed by the Hilton Varna in the summer of 2011.
If the new investment in Sofia is realized, the future Hilton Garden Inn will be the fourth Hilton-branded hotel in the country.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
The housing market in Bulgaria witnessed mixed trends in the fourth quarter of 2023, with overall prices experiencing a modest increase of 1.2%
Bulgaria witnessed a staggering surge in mortgage loans in 2023, totaling a monumental BGN 6.39 billion
Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone
This information was shared during the presentation of data on the current state of the market to journalists
Russia has issued a stern warning in response to Bulgaria's recent legislative efforts aimed at seizing Russian real estate
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022