Investigate Bulgaria - Property & Travel Guide » Bourgas http://bulgariaproperty101.wordpress.com Explore untouched beauty, in the land of legends Sun, 09 Nov 2008 19:33:20 +0000 http://wordpress.com/ en hourly 1 http://www.gravatar.com/blavatar/62715e74e35b357e05779bbd83bd3f77?s=96&d=http://s.wordpress.com/i/buttonw-com.png Investigate Bulgaria - Property & Travel Guide » Bourgas http://bulgariaproperty101.wordpress.com 60 million euro to be invested in Bourgas http://bulgariaproperty101.wordpress.com/2007/09/11/60-million-euro-to-be-invested-in-bourgas/ http://bulgariaproperty101.wordpress.com/2007/09/11/60-million-euro-to-be-invested-in-bourgas/#comments Tue, 11 Sep 2007 10:00:15 +0000 Equilibrium http://bulgariaproperty101.wordpress.com/2007/09/11/60-million-euro-to-be-invested-in-bourgas/ ]]>


Sofia Echo’s latest report on property development states that Sienit development in PlovdovUK fund European Convergence Development Company Ltd (ECDC) announced that it has signed a preliminary contract with Bulgarian Sienit Holding Ltd for land purchase in the coastal city of Bourgas.

The terrain will be used for the construction of a mall with supermarkets and trade areas, called Bourgas Retail Park, investor.bg reported.

The fund will participate in the project with 70 per cent. It will provide a loan of 8.925 million euro for the project implementation.

Bourgas Retail Park will cover 60 000 sq m. Its total value would be 60 million euro.

Construction is expected to be completed within 30 months.

Bourgas Retail Park is ECDC’s fifth project realised together with other partners with which its total investment reached 36 million euro.

Source: Sofia Echo.Com

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