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Lots of frozen or postponed mall projects
2009-07-21 11:31 News from Focus Agency

Two big trade centers - the Mall of Plovdiv and Plaza Burgas - have been finished since the beginning of the year. Their area is respectively 20,000 and 26,000 sq m. Thus, the total area of functioning shopping centers in Bulgaria reaches 233,460 sq m, which is a 24.54% increase compared to 2008.

Respectively, the index for trade areas in the malls for each 1000 people of the population is 32 sq m compared to the end of 2008 when it was 25 sq m, reveals a report by FOROS national real estate company. The report presents a summary of trade sites in Bulgaria for the first half of 2009.

Several other malls and smaller trade centers have been constructed in the country.

Meanwhile, the number of frozen or postponed projects has increased due to the fall of the macro economic indexes and the lack of conditions for loans. Among them are: Europe Park, Sofia’s Acropolis, Tsarigradski Mall, J.L.S Mall of Sofia, Grant Gallery in the coastal city of Burgas, Litos I build Mall of Pazardzhik, two Malls of Kazanlak, etc.

This News is listed at news.Guide-Bulgaria.com

apartment for sale
apartment BanskoBansko
56 m2
€ 34497
hotel for sale
hotel BanskoBansko
650 m2
€ 529200
land for sale
land LovechLovech
29952 m2
€ 3295

Pages: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

> 2008-03-19 `08 deliveries to have no effect on tight office space market
> 2008-03-18 Bulgaria’s property market keeps up the momentum
> 2008-03-18 Agricultural land prices hovering at 2000-3000 leva/ha
> 2008-03-17 Arco Invest sold a part of its building on Madrid blvd., Sofia
> 2008-03-17 New Golf Village will be built near Kableshkovo
> 2008-03-17 Rooftop garden and a sky bar attractions in Bee Garden business centre
> 2008-03-17 France`s Carrefour sells Sofia development to Greek fund
> 2008-03-13 Norwegians Invest in Housing Estate in Dupnica Town near Sofia
> 2008-03-10 24 Illegal Constructions to be Demolished in Golden Sands Resort
> 2008-03-10 Bulgarian Land Development buys Bulgarian plots for 1.7 mln eur
> 2008-03-10 Fewer customers in Bansko and Razlog
> 2008-03-10 Low-rise holiday village will be built near Losenets
> 2008-03-10 Impressive building is growing on a steep plot in Smolyan
> 2008-03-04 Property Interest in Bulgarian Big Cities Moves to the Outskirts
> 2008-03-04 Ireland`s Sunday Tribune: Borovets among top places to make money from property in `08
> 2008-03-04 Lewis Charles fund invests 45 mln euro in Sofia property developments
> 2008-03-03 Sozopol municipality with special tourist estates
> 2008-03-03 Property Investment in Bulgaria
> 2008-02-29 Russians Commit Money Laundering in Pamporovo Ski Resort?
> 2008-02-28 Mortgages finance more than half of property purchases

Pages: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

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