The fourth edition of BalPEx real estate exhibition will take place in Inter Expo Center in Sofia between October 10 – 12.More than 300 projects from different segments will be presented on an exhibition area of 4,000 square meters.More than 150 companies, among which leading Bulgarian and foreign construction and investment firms, property agencies, financial and credit organizations will be presenting their businesses to individual and corporate clients.The segment of home properties will dominate the presentations this year as well – with over 50% of exhibitors belonging to this sector. This year there will be more office, commercial and logistics centers projects.The following residential complex projects will be presented for the first time: Zelenica in Sofia, Residencia Botanica and Prestige in Sofia's Boyana neighborhood, Vista Park in the area of Kambanite, VIP Complex Pavlovo, St Anna and St Stefan complexes in Sofia and many others.Pravetz Golf and SPA Club will also be presented for the first time. The projects includes a gold course, a hotel and adjacent properties. European Trade Center Sofia will also make a debut during BalPEx.The event sponsors are RE/MAX, Bulgarian Properties, Home for You and Hercesa International. Source: Profit.bg
Tuesday, September 16, 2008
German retailer Lidl starts construction of Bulgarian outlets
German retailer Lidl will start building a pilot outlet in the city of Lovech, Northern Bulgaria, said the company. Work on another five outlets will begin by the end of 2008 to be followed shortly be the launch of construction of as many Lidl stores. The retailer hopes to have 10-12 operational outlets here by 2010. The company will also invest in a distribution center. It has bought the site for the center but did not specify the location. Lidl is part of Schwarz Unternehmensgruppe which already has a retailing business here through the Kaufland chain. Market research outfit Planet Retail recently said the discount retailers are expected to own 4% of the Bulgarian grocery market. The local retail market will soon welcome a further two new entrants, Penny Market and Plus.
