Bulgarian real estate developer Orchid Developments Group was named Tuesday Building Investor of the Year by "1 to 1 in Construction" Magazine. The prize was received by Eli Egosi, the advisor to the CEO for Grand Mall Varna, one of the company`s biggest projects in Bulgaria.

"We are very happy about being awarded. We have already invested EUR 200 M in the projects, developed in the country for five years," he said. "I think this fact proves our indulgence and strong wish to continue working in Bulgaria," the advisor added.

Orchid Developments has already broken ground at the site of the Grand Mall Varna, the company`s EUR 107 M investment in Bulgaria`s Black Sea port of Varna. The mall is part of the Orchid MultiUse Complex, which will include also 40 000 square meters of office space, and will be completed by end-2009.

Next month the company is to turn the first sod of a 16-storey building to be constructed in the coastal city.

house for sale Varna 70 m2 € 20000

house for sale Varna 90 m2 € 35000

house for sale Varna 72 m2 € 73000

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