Presentation of successful green building projects in Europe and the United States, green architectural design, energy-efficient and sustainable construction techniques are on the agenda of an upcoming conference in Sofia.
Rockefeller Group, the US real estate company, is said to be in talks to buy a controlling stake in property fund manager Europa, which has repeatedly declared its interest in the Bulgarian market.
Thousands of Bulgarian agencies and offices abroad are draining the State treasury in many hard to believe ways, Prime Minister, Boyko Borisov, told his ministers.
The property market in the Bulgarian capital has experienced a shift in the prices and interests of the buyers, data from real estate websites showed.
New rules that envisage that all property transactions in Bulgaria must be carried out via bank transfer have been attacked by opponents, who say they serve the interests of banks and notaries.
The Bulgarian cities of Plovdiv and Burgas and their streets Alexander Batenberg and Alexandrovska, respectively, have registered the biggest drops in store rents, a survey showed.
The vacancy rate of office space in Sofia is expected to rise up to 26-27% by the end of the year with the opening of new buildings, real estate consultancy Regent's Property Advisors forecasts.
Bulgaria ranked first in the European Union in the number of new shopping malls in the first half of the 2010, a report by Cushman and Wakefield consultancy showed.
Cleves, the luxury Sofia apartment rental company, has acquired an outstanding new building in the Iztok borough of Sofia with 34 apartments and a Class A suite of offices.
Petar Dikov, the chief architect of Sofia, has stated that the rules for building construction, adopted 30 years ago, are very strict and the buildings in the Bulgarian capital would handle a strong earthquake.
Mayor of Moscow Yury Luzhkov and Bulgarian Prime Minister Boyko Borisov have foramlly inaugurated a resort complex on the Bulgarian Black Sea coast owned by the Russian capital.
A week after it was announced that Bulgaria might built a Formula 1 circuit, the real estate prices at its future site near Sofia have skyrocketed despite the fact that the initiative has been troubled by an international scandal.
Greek investment fund Bluehouse Capital is to acquire four properties of Sofia-based ERG Capital 1 and ERG Capital 2 REITs in a EUR 27 M deal, according to media reports.
Rental levels in Bulgaria have tracked sideways in mid-2010 as the impact of softness in demand had been offset by the effect of restricted new supply, according to global research outfit Business Monitor International (BMI).
Bulgaria is a worldwide leader in residential and commercial real estate and will remain to be so, writes Russian real estate analytic portal RWay.ru Thursday.
Bulgaria's Cabinet has decided in favor of the partial completion of a controversial construction project of the Defense Ministry in downtown Sofia.
The shopping center in Bulgaria's capital Sofia known as The Mall achieved 100% lease of the store space, according to Colliers International, exclusive rent consultant.
As sellers of property, hotels included, are going through hard times in Bulgaria, most deals are a result of cash payments, experts say and forecast that cash will remain king.
The credit crisis has significantly decreased by 64% the interest of British citizens to real estate in Bulgaria, UK property website has announced.
The Irish Property Fund, MPS Global, which also has a registration in Bulgaria, was merely a pyramid scheme, the company's liquidator Myles Kirby told the Irish Sunday Business Post.
A mix of an economic slow-down, overconstruction, debts and fewer tourists has carved out a new niche on Bulgaria's stalemated real estate market - hotel sales, according to the head of a major real estate agency.
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