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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

house for sale
house General InzovoGeneral Inzovo
140 m2
€ 15000
house for sale
house LivadaLivada
100 m2
€ 55000
house for sale
house JeravnaJeravna
40 m2
€ 40000

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

> 2008-01-29 Varna is the most active market of shopping malls
> 2008-01-29 Spanish company starting project in Tsarevo
> 2008-01-28 Betolovoto area, close to Bulgaria’s Razlog and Bansko, to become year-round holiday destination
> 2008-01-24 Municipal apartments in Sofia rise in price
> 2008-01-24 National statistical office confirms `07 housing price gains
> 2008-01-22 Property prices in Veliko Turnovo will increase by 10 to 15 per cent in 2008
> 2008-01-22 Realtors say Bulgaria housing price growth to slow down
> 2008-01-22 FIA Bulgaria may up stake in Hadjidimovo project
> 2008-01-21 New Residential complex is under construction in Sofia`s Manastirski livadi
> 2008-01-17 Standart daily: Bulgaria`s Rila Monastery to become a construction site
> 2008-01-16 Plots in Vurshets double in price in a year
> 2008-01-15 Dream Home complex to be finished by the end of 2008
> 2008-01-15 Property prices rise in Bourgas
> 2008-01-14 Bulgaria Property Market Stays Strong in January
> 2007-12-28 National Revival Style Resort to Appear Near Veliko Turnovo
> 2007-12-28 Edeland Ridge -a new resort complex at the foothills of Pirin park
> 2007-12-19 Construction of new seaside resort begins
> 2007-11-15 Irish Co. to Invest 500 M EUR in Bulgarian Real Estates
> 2007-10-25 Spanish co to build 2 vacation villages in Bulgaria
> 2007-10-24 Spanish co Catalonia invests in Pamporovo area apartment resort

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

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