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The Bulgarian Industrial Association (BIA) is in search of qualified workers from countries outside the European Union to put them in touch with employers in Bulgaria.
The Bulgarian Industrial Association (BIA) is in search of qualified workers from countries outside the European Union to put them in touch with employers in Bulgaria. On February 28, BIA said on its website that there were opportunities to attract qualified labour from Macedonia, Albania, Moldova, India, the Philippines, Vietnam and Bangladesh. Bulgarian employers wanting such workers were asked to complete a registration form available on the BIA website. BIA will check the eligibility of... [more]
Bulgaria Seeks Workers Outside the EU
The Bulgarian Industrial Association (BIA) is in search of qualified workers from countries outside the European Union to put them in touch with employers in Bulgaria. On February 28, BIA said on its website that there were opportunities to attract qualified labour from Macedonia, Albania, Moldova, India, the Philippines, Vietnam and Bangladesh. Bulgarian employers wanting such workers were asked to complete a registration form available on the BIA website. BIA will check the eligibility... [more]
The Market Is Fed Up With Promise, But Not With Serious Projects
Manyu Moravenov, Fairplay Properties REIT The first results There are a few results but what we can see is too little. The completion of a project takes a year and a half or two and only then you have first results. Too many or too few Both. As number they are not few and their number will grow more and more. But as a volume they are far from many. Either new ones will be established or the REITs that stay on the market will grow. Their assets are about BGN 500 m. For comparison –... [more]
Special Focus: Farmland
Non-traditional asset for this type of investors, in Bulgaria farmland is one of the main targets of the real estate trusts. Out of 34 licensed companies as of the year-end five were focused exclusively on land investments, as another one had invested heavily in this type of asset for risk diversification. Investment in agricultural land has seen well accepted by some foreign investors. According to the data of the Commission for Financial Supervision towards he third quarter of last year the... [more]
More Developers, Less Investors
For the first time created via a law in the USA in 1960 the special purpose investment companies known there as Real Estate Investment Trusts (REITs) have won their reputation as companies that acquire and manage whole portfolios of investments in commercial buildings. However, in Bulgaria most of them have started their businesses as developers. The main reason is that they are cornered on one hand – by the shortage of quality assets that could be acquired, on the other – by the... [more]
Property Prices in Bulgaria to Go Down
The prices of apartments in Bulgaria would probably decrease within three to four months, Yavlena real estate agency representative Anna Katsarova said.Katsarova said as quoted by 24 Chasa daily that the reason for the price decrease was that real estate owners started speculating in 2006 with Bulgaria’s upcoming EU accession. Calculations were based on too high expectations for price increase.Prices went up by 10 to 15 per cent at the end of 2006 and some real estate owners even... [more]
Bansko Invest BGN 19 Million In The Town Infrastructure In 2007
For the second consecutive year the biggest investment program in the region of Blagoevgrad is in Bansko. The Municipal Council approved a budget of BGN 19 million, which is the amount absorbed in the preceding year. The biggest amount of money of BGN 12.780 million is for urbanization. The main part of the money to the amount of BGN 12 million will be invested into sites in Bansko. The rest of the money to the amount of BGN 780 000 are allocated among the town of Dobrinishte and the six... [more]
CEPIF’s International Press Tour Comes to Sofia
An international press tour will take place in Sofia from February 21 to 24. During the event, journalists from leading European publications will visit Bulgaria to find out about the news, realities and perspectives in the sphere of real estate.The programme includes seminars and presentations by leading construction, architectural and property companies, as well as panel discussions and a tour of various building developments. The journalists will also have an opportunity to meet the local... [more]
PROPERTY FOCUS: Mount View breaks ground in Bulgaria
On Wednesday January 31, London Sofia Property – the developers of the forthcoming Bulgaria Mall – broke ground on their latest project, called Mount View. The complex is a luxurious, high-end residential development in the Vitosha foothills, near the road Simeonovsko Chausse.At a news conference Hugh Fraser, London Sofia Property’s executive director, gave details about the 20 million euro development.“We are an international company and so are our standards,”... [more]
Bulgaria Property - Bansko Invest BGN 19 Million In The Town Infrastructure In 2007 - imoti.net
For the second consecutive year the biggest investment program in the region of Blagoevgrad is in Bansko. The Municipal Council approved a budget of BGN 19 million, which is the amount absorbed in the preceding year. The biggest amount of money of BGN 12.780 million is for urbanization. The main part of the money to the amount of BGN 12 million will be invested into sites in Bansko. The rest of the money to the amount of BGN 780 000 are allocated among the town of Dobrinishte and the six... [more]
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