Sofia Airport Center (SAC), the largest business and logistics parks in Bulgaria has been presented at the Sixth Annual International Facility Management Conference in Sofia by its investors, Tishman International Companies and GE Real Estate.

SAC Property Manager Nikola Ignatoff presented the SAC, home of Bulgaria's first LEED-certified commercial office building, as a member of a distinguished panel focusing on the economic advantages of green development entitled "Sustainability as a Strategic Instrument."

The panel took place during part of the conference that was themed "Sustainability: Green Economics". The Sixth Annual International Facility Management Conference itself was held October 13-14, 2011 at the Holiday Inn Hotel in Bulgaria's capital.

"Tishman International is proud to share the strategies we employed to make the SAC an outstanding example of the benefits of sustainable development," said Alan D. Levy, Chairman of Tishman International. "The facility managers who attended the international conference are especially interested in how green development can lower their operating costs and, at the same time, provide a healthier environment for employees and the larger community," he added. "We feel it is vitally important to promote sustainable development locally, regionally and globally."

With the SAC as a model, Ignatoff highlighted the environmental and financial benefits to facility managers, developers, architects, engineers, consultants and real estate investors of green building and LEED certification. These advantages include lower operating costs; increased asset value; the reduction of waste sent to landfills; the conservation of energy and water; and the reduction of harmful greenhouse gas emissions.

The SAC offers 165,000 square meters of high-tech commercial space, including Class A offices and prime logistics space with state-of-the-art security and safety systems, amidst a lush landscape with a central lake, green areas and winter gardens. An international hotel with dining, recreational, and conference facilities is also planned for future development at the SAC.

Tishman International Companies is currently active in the United States, United Kingdom and Central & Eastern Europe including Bulgaria, Hungary, Czech Republic, Slovakia and Romania. The firm specializes, in the acquisition, development, management and financing of commercial real estate.

GE Real Estate currently has over EUR 1 B invested in Central and Eastern Europe. The Company has invested or developed in the retail, office, residential and logistics sectors in the Czech Republic, Poland, Slovakia, Bulgaria, Hungary and Romania. The Company made its first investment in Turkey in 2006.

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