ARTICLES LABELLED WITH TAG varna
27
Jul
2023
Jul
2023
Black Sea Property to take over Grand Hotel Varna
Isle of Man-registered Black Sea Property, a company involved in property development, financing, and sales in Bulgaria, has recently announced a significant acquisition. They have signed an agreement to acquire 98.27% ownership of the Bulgarian hotel operator, Grand Hotel Varna, for approximately €28 million. The deal is to be finalized by October 30th. It aims to bolster Black Sea Property's investments in the hospitality sector.
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03
Apr
2023
Apr
2023
Delta Planet Mall in Varna invests in rooftop solar installation
In March 2023, the Delta Planet Mall retail centre, located in Varna, Bulgaria, inaugurated an innovative photovoltaic solar installation. The investment of nearly €500,000 (BGN 1 million) covers the construction of 1,029 solar panels with a total capacity of 556 kW.
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10
Feb
2020
Feb
2020
Bulgarian insurer buys Varna office complex
Bulgaria-based insurance company DZI, part of Belgium's KBC Group, has acquired Mall Varna, an office building located in Varna, Bulgaria. The seller was Hidrostroy, a local company. The transaction price has not been disclosed.
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19
Jan
2018
Jan
2018
Delta Holding to invest €600 million in real estate projects
In the next two years Delta Holding plans to invest €600 million in real estate projects in Serbia, Bosnia and Herzegovina and Bulgaria.
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05
Sep
2017
Sep
2017
Delta Real Estate develops Varna shopping mall
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.
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Latest news
- Finance takes the lead in Bucharest office demand
- SEE turns investor curiosity into conviction
- Alpha Slovakia expands industrial footprint in Bánovce nad Bebravou
- Prague student housing demand far exceeds supply, says study
- Romanian investors expect rent rises and demand stability
- Martley Capital sells Hungarian office building in Budaörs
- Cluj-Napoca leads Romania's regional office leasing in 2025
- CA Immo secures 28,000 sqm lease extensions in Warsaw
- VGP raises €600 million in oversubscribed green bond issue
- Office rents will continue to grow: Adrian Karczewicz on demand drivers
New leases
- Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
- IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
- DHL Supply Chain has leased 3,000 sqm for its new European HQ in Budapest-based Liberty Offices, in a deal brokered by iO Partners. DLA Piper Hungary acted as DHL’s legal advisor.
New appointments
- Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
