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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 Jelyu voyvodaJelyu voyvoda
150 m2
€ 58500
house for sale
house AksakovoAksakovo
200 m2
€ 19500
house for sale
house ChukarkaChukarka
140 m2
€ 19500

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

> 2009-08-21 Court proceedings concerning the destruction of bungalows in Zlatna Ribka camp near Sozopol
> 2009-08-19 204 hotels for sale on the Southern Bulgaria Black Sea coast
> 2009-08-18 Bargains with Bulgarian properties down by 35%
> 2009-08-18 Irish property owners sell their Bulgarian estates at half-price
> 2009-08-13 Office market in Sofia - low demand in the Q2 of 2009
> 2009-08-11 Russian investors continue buying property in Bulgaria
> 2009-08-10 Ruse need an investor for project in former Kazarmite area
> 2009-08-09 German Lidl investing in logistic complex in Ravno pole, Elin Pelin municipality
> 2009-07-24 New big residential and trade complex planed in Veliko Tarnovo
> 2009-07-23 Ruse, Vratsa, Plovdiv, Burgas, Pleven and Sofia are cities with highest decrease of property prices
> 2009-07-23 Prices of the residential properties going down faster than the rents
> 2009-07-22 Predominantly Russian buyers for properties in Santa Marina holiday village near Sozopol
> 2009-07-22 One third of the people selling their estates because the inability to cover consumer loans
> 2009-07-21 Bulgarian Real Estate Market Analysis (Jul 2009)
> 2009-07-21 Lots of frozen or postponed mall projects
> 2009-07-15 British owners leaving their BG homes because the World Crisis
> 2009-07-15 Construction of Russian vacation complex in Kamchia resort continues
> 2009-07-14 Over 70 hotels in Varna region offered for sale
> 2009-07-06 Varna Strand complex will use renewable energy sources
> 2009-06-29 Property investors turn away from the resort of Panichishte

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

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