Bulgaria Registered 10% Drop of Housing Prices in 2010 Y/Y
Prices for housing in Bulgaria dropped by 10.1% in 2010, in comparison to the previous year, according to data from the Bulgarian National Statistics Institute (NSI).
Prices for housing in Bulgaria dropped by 10.1% in 2010, in comparison to the previous year, according to data from the Bulgarian National Statistics Institute (NSI).
The occupation of industrial zones in the Bulgarian capital increased by 40% in 2010, according to an analysis by the consultant company Forton International.
Antalis Bulgaria EOOD has signed a 4-year lease for office and warehouse space in the Logistics Center of the new Sofia Airport Center (SAC), located at 64 Christopher Columbus Boulevard in Bulgaria's capital.
Every fourth office in Bulgaria's capital Sofia is vacant, according to MBL yearly office market report.
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.
Swedish furniture retailer IKEA, operating in Bulgaria through Greek-based Fourlis Group, has started to recruit employees for its first store here.
The Bulgarian State was able to successfully finalize the transaction for the sale of a property in the German city of Bonn for EUR 2.4 M.
Rents on commercial streets in Sofia, which were affected by the opening of the malls in the recent years, will continue to drop, according to a report by UniCredit Bulbank on the development of the real estate in Bulgaria.
There is a significant improvement in the overall business sentiment among office occupiers in Bulgaria, a survey by realtor Colliers International shows.
The prices on the Bulgarian real estate market are expected to decrease in 2011.
The bad weather in Bulgaria has suspended the demolition of illegally constructed buildings along the southern part of the Black Sea coast, authorities announced.
In 2011, priced for apartments in Bulgaria will hit bottom and go upwards by the end of the year, according to forecasts by real estate experts.
Bulgaria's Educational Minister Sergey Ignatov has confirmed that the German retailer Kaufland has an interest in purchasing a part of the Academy of Sciences' property.
Bulgaria's Notary Chamber has proposed the introduction of a final power of attorney in a bid to reduce property fraud.
Rental rates in most European retail sectors are expected to either stabilize or increase in the coming year, while prices in Bulgaria and its capital Sofia remain relatively low, says realtor Colliers International.
The "first real shopping mall" in the Bulgarian Danube city of Ruse opened doors with large crowds of shoppers storming it to raid the brand new stores.
Four of some of the most popular former movie theaters in Bulgaria's capital Sofia are going to become shopping malls or supermarkets, the Bulgarian daily "24 Chasa" (24 Hours) writes.
The Bulgarian Directorate for National Construction Supervision (DNSK) has announced it is starting to remove the illegal constructions near the Iskar Reservoir.
Bulgarian authorities began demolishing Monday a three-story hotel located on the "Kabakum" beach near the Black Sea city of Varna.
The Members of the Bulgarian Parliament revoked Wednesday the minimum property value threshold that was free of tax by passing amendments to the Local Tax Act at second read.
Bulgaria's Competition Protection Commission has approved the request of Austria's biggest banking group, Raiffeisen Zentralbank Austria AG to buy out the Mall Varna shopping and office center in the Black Sea city of Varna.
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