Bulgarian unit of Greek Gek Terna to build 105 mln euro office tower in Sofia|
2008-08-05 13:45 News from Dnevnik.bg
Icon Bulgaria, the local unit of Greek construction group Gek Terna, will invest 100 mln euro in an office building in the center of Sofia. The construction plans were confirmed by Icon Bulgaria which declined to give further details ahead of the project`s official unveiling in October.
The office building, facing the Macedonia square, will comprise two towers of around 19 floors each, judging by the architectural rendition posted on the sgrada.com website.
According to the website, the Icon building will be called Macedonia Tower and will have a footprint of 3,450 sq m. It will offer 31,844 sq m of office space, 4,407 sq m of retail space and parking for 391 cars.
Icon Bulgaria plans to start construction by the end of 2008 and complete the build by 2011. The company has estimated annual rent income at 8.5 mln euro, said sgrada.com.
The Icon portfolio features also a mixed-use office, residential and retail scheme on the Bulgaria boulevard in Sofia and a luxury residential compound in the capital`s Boyana district.
In 2007, Icon Bulgaria started the construction of a sports and entertainment complex in Samokov.
The 72 mln euro complex will feature spa hotel, shopping center, small golf course, amusement park, swimming pool and tennis courts.
The company plans to complete by 2010 an upscale vacation village in Borovets and a logistics center near the village of Krivina.
This News is listed at news.Guide-Bulgaria.com
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