User entry
17.01.2012
Bulgaria is keeping its standing among the top ten most preferred real estate markets for overseas buyers04.12.2011
Bulgaria's real estate investment trust ERG Capital 1 has sold the Commercial Center Oriflame in the capital Sofia to Bernard Investments14.11.2011
Private law enforcement officers sell an average 550 pieces of property owned by debtors each month, according to statistics.07.11.2011
Bulgaria's construction output dropped by 11.6 per cent year-on-year in September 2011, preliminary data by the National Statistics Institute (NSI) showed on November 7 2011.10.08.2011
Newly-built housing, however, dropped by 26 per cent in annual terms to 3500 homes in the quarter.02.08.2011
The number of building permits issued in Bulgaria continued to fall in the second quarter of 2011 on an annual basis, extending the downtrend of the past four years.08.07.2011
Bulgaria's construction sector, the backbone of the country's economic boom in 2006-2008, is continuing its free fall, latest statistical data indicates.08.06.2011
London private equity fund manager Europa Capital has bought the Bulgarian capital's Mall of Sofia or more than EUR 100 M.07.06.2011
In April 2011, the index of production in the construction sector in Bulgaria, calculated on the base of seasonally adjusted data, was 2.7% below the level recorded the previous month.01.06.2011
Greek-based Piraeus Bank has signed a preliminary agreement to acquire an office building in Sofia, part of the European Trade Center office compound on Tzarigradsko Shosse.24.05.2011
Athens-based Fourlis Group, the IKEA franchise-holder for Bulgaria, is planning to build a second store in the country, in the Black Sea city of Varna.18.05.2011
The countries that fared worse than Bulgaria in the period were Slovenia and Portugal, who saw their construction output fall 7.4 per cent and 5.1 per cent month-on-month, respectively.10.05.2011
In the first quarter of 2011, the newly built residential buildings in Bulgaria were 601, according to the preliminary data of the National Statistical Institute, NSI, released Tuesday.02.05.2011
Bulgaria's issued building permits for new residential buildings decreased by 3.6%, and their dwellings - by 11.9% in the first quarter of 2011 year on year.26.04.2011
TransGlobal Assets, an Oregon-based company, has contracted Bulgarian construction firm Sofstroy for complete the development of the White Lagoon Black Sea resort, a USD 400 M project.21.04.2011
On yearly basis, among the Member States for which data are available for February 2011, construction output rose in six and fell in eight countries07.04.2011
Building construction went down by 0.4 per cent on the month, while engineering construction output decreased by 1.6 per cent.17.03.2011
The Sofia Municipal Council has canceled its decision for altering the Bulgarian capital's zoning, which triggered an outrage stirred by the recent increase of property taxes07.03.2011
In January 2011, the working day - adjusted index of production in Bulgaria's construction sector showed a 12.4% drop year on year, according to the National Statistical Institute's preliminary data.24.02.2011
The number of residential and administrative building permits issued in Bulgaria continued to decrease in the last quarter of 2010, with only industrial permits registering a slight increase in built-up area on a quarterly basis, according to National Statistics Institute (NSI) data.07.02.2011
The production in the construction sector in Bulgaria registered a drop by 13% in December 2010, compared to the previous month, according to preliminary data by the National Statistics Institute19.01.2011
The NRA has stepped up its war against rogue landlords, calling for the public to remain vigilant and inform the authorities of people who collect rent without declaring it.07.01.2011
Bulgaria's construction sector registered a 2,6% growth in November 2010, compared to the same month in 2009, according to preliminary seasonally adjusted data from the National Statistics Institute03.12.2010
The number of newly built residential buildings in Bulgaria has dropped with 15.1% year on year under the third quarter of 2010, according to the National Statistical Institute.23.11.2010
Compared to the second quarter of 2010, the number of started residential buildings in Bulgaria is down 4%, but the number of apartments is up 25%12.11.2010
ICSC, European Parliament
In Brussels on 9 November, the EU Retail Forum on Sustainability held its seventh meeting.10.11.2010
According to the preliminary data of the NSI, the production in section ‘Construction’, calculated on the base of seasonally adjusted data, registered a decrease by 1.1% in September 2010, compared to the previous month.03.11.2010
Trans Balkan Investments Limited, known until recently as Equest Investments Balkans Limited, announced it has signed a preliminary agreement for the sale of Urvich, the former cinema site, with an unnamed Bulgarian real estate development company.25.10.2010
CEI
During the International Conference about the Implementation of the European Standard EN 15733, held by NREA and CEI in Sofia, it became obvious that the EN 15733 is established in most European countries as a common Standard for the profession of real estate agents in Europe20.10.2010
Mercator-B, a Bulgarian subsidiary of Slovenia-based Mercator, will open its first Sofia store next week12.10.2010
The Bulgarian retail chain Piccadilly is planning to invest BGN 100 M in the development of a new "cash and carry" chain by 201311.10.2010
In August, the construction production in Bulgaria is up in comparison to previous month, but is still down on annual basis, statistics show07.10.2010
Germany’s discount supermarket chain Lidl will open stores in 25 municipalities in Bulgaria over the next six months01.10.2010
A EUR 200 mln long-term syndicated loan facility was approved at the end of September to finance expansion of the Schwarz Group’s Kaufland operations in Poland and Bulgaria and Lidl operations in Bulgaria and Romania, project lender, the EBRD, announced.27.09.2010
Bulfeld company has begun construction of a large shopping mall in the Sofia’s Lozenets district20.09.2010
A Russian investment and financial company intends to put the first phase of a multifunctional complex in Sofia into operation at the end of 201014.09.2010
A joint Bulgarian-Chinese company will manage the future industrial zone near the village of Bozhourishte, close to Sofia, the Bulgarian Economy Ministry said.10.09.2010
NSI
By the preliminary data of the NSI, the total construction production in July 2010 decreased by 19.9% compared to the same month of the previous year07.09.2010
Chinese managers and bankers, who arrived in Bulgaria at the end of August to hold a series of meetings with Bulgarian local and government authorities have decided to invest EUR 120 mln in a glass producing plant on the site of the former Diamond factory in Razgrad03.09.2010
NSI
According to the preliminary data of the National Statistical Institute, in the second quarter of 2010 the newly built residential buildings were 576 and compared to the respectively quarter of 2009 decreased by 20.0%25.08.2010
Eleven companies submitted bids to build a 2.14-kilometre section of the Sofia beltway, and nine more are seeking to supervise the construction process.16.08.2010
The Privatization Agency has seized over 850 properties of Bulgaria’s telecom service provider Vivacom across the country.10.08.2010
In June 2010, the construction production in Bulgaria is down 18% year on year, data published Tuesday by the National Statistics Institute (NSI) shows.05.08.2010
Billa retail chain has acquired the former Iztok cinema theater in Sofia for cash considerations of EUR 1.43 mln, the seller, UK-based Trans Balkan Investments (TBIL) announced in a statement.04.08.2010
About EUR 45 mln will be allocated for development of a resort complex on the Bulgarian Black Sea coast next year.02.08.2010
Construction work on the first hall of a car factory has begun in Bulgaria.29.07.2010
A EUR 33 mln fund has been established to focus on income generating, urban development projects in Bulgaria, including revitalization of urban areas in seven big cities in the country.27.07.2010
Praktiker’s net sales in Romania fell 12.4 pct in the first half of 2010, compared to the same period last year, to EUR 96.5 mln, due to the exchange rate and the difficult economic situation.26.07.2010
Fairplay Commercial and Bulgarian Property Developments (BPD) have dissolved their partnership started at the end of 2006 with the purchase of a 13.2 ha site of the former Yanko Kostov factory in Varna, at a price of EUR 12 mln. Both partners planned to build a state of the art logistics park there, in addition to the existing warehouses and offices.23.07.2010
One of the biggest property funds on the Bulgarian Stock Exchange, Benchmark Fund Estates REIT, is negotiating to sell its largest project, the 35,000 sq. m business center on Sofia’s Tsarigradsko Shosse Boulevard, confirmed Veselin Genchev, executive director of the fund.09.07.2010
Investment fund Bulgarian Land Development (BLD), which is currently traded on the AIM market of the London Stock Exchange, may sell assets and return the net proceeds from the sale to its shareholders09.07.2010
By the preliminary data of the National Statistics Institute, the total construction production in May 2010 was 16.6% less than the same month of the previous year.09.07.2010
Bulgaria's telecom service provider Vivacom has withdrawn from the preliminary contract with Irish-based West Incorporated signed earlier this year, it emerged on Friday.01.07.2010
The municipality has sent nearly 600 letters to debtors in which the owners concerned are 'kindly requested' to pay up.25.06.2010
A big rise of Russian investment in Bulgarian real estate along the Black Sea coast has been reported by private Bulgarian television channel bTV on June 25 201017.06.2010
A joint Chinese/Bulgarian industrial zone will be built near Sofia, following the signing of a memorandum of promoting bilateral economic and trade cooperation between Bulgaria and China.11.06.2010
Total in the country were registered 3 789 thousand dwellings, 63.8 % of them were located in the towns09.06.2010
Four state land lots in the village of Gurmazovo, Bozhurishte municipality, totaling 191.4 ha, will be added to the capital of the National Industrial Zones firm04.06.2010
The decrease of newly built dwelling located in the towns falls with 50%02.06.2010
A grocery retail chain operator said it will resume its expansion in Bulgaria, frozen due to the crisis last year.31.05.2010
According to market participants, French sporting goods chain Decathlon is looking at possible locations and negotiating with developers.21.05.2010
On annual basis the decline is even greater – more than 57%21.05.2010
Statistics show that 462 new residential buildings with 1 652 dwellings were started in the country.17.05.2010
However, the revenues from nights spent by foreigners increased by 8.5% to more than 40 million levs17.05.2010
Construction work on the first IKEA hypermarket in Bulgaria will be launched on June 3 this year12.05.2010
Torino-headquartered Lavazza Coffee Shops Srl (LCS) has acquired 100 pct of the shares of Bulgarian Onda Coffee Break, operating 11 coffee shops in Sofia.11.05.2010
A Bulgarian real estate investment trust (REIT) will invest about EUR 50 mln to develop an office and retail center.10.05.2010
Europe’s largest grocery retail chain Carrefour says its sales in the first quarter of 2010 in Romania rose by 3.6 pct10.05.2010
A Serbian company today announced it is planning to raise capital and acquire an interest in the Israeli property developer Engel Europe.31.03.2010
Investor.bg
AFI Europe to enter Shopping center segment in Bulgaria21.12.2009
Source: www.sofiaecho.com
Construction companies which until recently were in the business of developing and building residential complexes, golf courses and holiday homes, were redirecting their resources towards road construction, Bulgarian daily Dnevnik said on December16 2009.21.12.2009
Source: www.sofiaecho.com
Real estate values are likely to drop by another 10 per cent from current levels due to the weak influx of foreign capital and the delay of bank credit in Bulgaria, Industry Watch said, quoted by Stroitelstvo Gradut weekly.21.12.2009
Source: www.sofiaecho.com
An electronics and household appliances retail chain and a frozen ski resort project is all that is left in the portfolio of Equest Investment Balkans investment fund, who up until recently was busy buying out retail and real estate companies in Bulgaria.28.04.2009
PropertyWiseBulgaria
Property prices are currently approaching the levels of 2007, according to analysis from Raiffeisen Real Estate agency, using cumulative data for real estate and pricing for the period 2006 through to 2009, Stroitelstvo Gradut reports. The fall is particularly noticeable in properties that fall into the most popular price range - ranging from 50 000 through to 70 000 euro.28.04.2009
PropertyWiseBulgaria
Bourgas home owners will be coerced, where necessary, into carrying out a major overhaul and restoration of the exterior of their properties. They will be given "a decent time frame in which to conduct the necessary work. In case they fail to do so, the municipality will renovate the buildings with its own resources, after which it will collect the funds through legal action, if necessary," Dnevnik daily has reported.28.04.2009
PropertyWiseBulgaria
In light of the economic downturn and the de-acceleration of the dynamics in the real estate market, construction entrepreneurs and companies are re-directing their attention towards infrastructure projects, analysis from the National Statistics Institute (NSI) for February 2009 has revealed, as reported by Stroitelstvo Gradut.28.04.2009
PropertyWiseBulgaria
A new player looks set to make new investments in Bulgaria's real estate market. Interior Ministry chief, Mihail Mihov, turned the first sod on April 22 to start construction on the second regional police office headquarters in Stara Zagora.11.07.2008
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