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BTC halts sales of large estates
2010-12-20 16:37 News from Dnevnik.bg

The Bulgarian Telecommunications Company (BTC), operating in the market under the Vivacom brand, has temporarily suspended sales of large properties, the company`s executive head, Bernard Moscheni, told journalists on Friday.

The move was attributed to the stagnation in the country`s real estate market and the mortgages on more than 800 estates imposed by the government over claims against BTC`s previous owners.

The company has so far sold its larger buildings in Varna, Bourgas, Plovdiv and Sofia. BTC had also been on track to sell the Phone Palace in central Sofia to Irish commercial and residential property developer West Inc, but the deal fell through earlier this year...



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

house for sale
house Veliko TurnovoVeliko Turnovo
100 m2
€ 9800
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€ 11000
land for sale
land TsalapitsaTsalapitsa
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€ 8000

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

> 2011-08-15 Sofia planning to create new industrial park nearby defunct steel plant Kremikovtzi
> 2011-05-31 Greeks buy out properties in Bansko and Razlog now owned by British citizens
> 2011-05-09 Property agency, managing the properties of the BG Ministry of Foreign Affairs, will be restructured and then sold
> 2011-04-15 French hotel operator invests EUR 22 million in new hotel in Sofia
> 2011-03-01 New office complex with a Hilton Garden Inn hotel in Sofia in Q3 of 2011
> 2010-12-28 Bulgaria`s home property market likely to hit rock bottom in 2011
> 2010-12-20 BTC halts sales of large estates
> 2010-10-29 Bulgaria is at 44th position in property prices decline
> 2010-10-13 Housing prices in the Bulgarian capital Sofia have stabilised
> 2010-09-28 Changes in Real Estate Market in the capital Sofia
> 2010-09-15 Luxury apartment rental company acquired new building in the Iztok borough of Sofia
> 2010-08-31 Search of Bulgarian properties from Brits dropped dramatic
> 2010-08-31 Registered in Bulgaria Irish property firm is allegedly a pyramid scheme
> 2010-08-23 The most expensive Sofia properties
> 2010-08-19 2 skyscrapers could be built in Sofia Studentski Grad quarter
> 2010-08-17 Municipal Sofia Properties company declared BGN 248,000 profit for 2009
> 2010-06-22 A Project for ski and spa complex in Borovets resorts was freezed
> 2010-05-19 Investments in the real estate sector in Eastern Europe to be put on hold again in 2011
> 2010-05-13 Sopharma Imoti invests EUR 50 M in business complex in Sofia
> 2010-05-03 Winslow Gardens project in Sofa`s quarter of Manastirski livadi is resumed

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

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