by Ákos Budai | Retail

Delta Holding subsidiary Delta Real Estate, in cooperation with AP investments, has finalised the acquisition of a shopping mall in Varna, Bulgaria. The project is worth €120 million and it will be completed in May 2018.


Delta Real Estate will develop Varna’s new shopping mall, to be named Delta Planet, together with local partner AP investments, led by two Bulgarian entrepreneurs, Angel Angelov and Peter Dudolenski.
 
The shopping mall will have an area of 110,000 sqm on three floors. It will feature a rooftop garden with a view of Varna and the Black Sea, three underground levels for parking, as well as about 160 stores and a cinema with 12 screening rooms.