ARTICLES LABELLED WITH TAG Varna

News - Black Sea Property to take over Grand Hotel Varna
27
Jul
2023

Black Sea Property to take over Grand Hotel Varna

by Property Forum
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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News - Delta Planet Mall in Varna invests in rooftop solar installation
03
Apr
2023

Delta Planet Mall in Varna invests in rooftop solar installation

by Property Forum
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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News - Bulgarian insurer buys Varna office complex
10
Feb
2020

Bulgarian insurer buys Varna office complex

by Property Forum
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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News - Delta Holding to invest €600 million in real estate projects
19
Jan
2018

Delta Holding to invest €600 million in real estate projects

by Import Sys
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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News - Delta Real Estate develops Varna shopping mall
05
Sep
2017

Delta Real Estate develops Varna shopping mall

by Ákos Budai
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


New leases

  • Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.
  • Rohlig SUUS Logistics, the largest Polish logistics operator, has extended its lease, on a long term basis, at the Bolero Office Point 1 building in Warsaw. The company has been occupying the space since 2014.
  • In recent months, M1 Czeladź, managed by EPP, has signed lease agreements and extensions of cooperation covering a total area of over 6,200 sqm. For instance, New Yorker is preparing a larger showroom of over 1,500 sqm, while Ochnik is moving to a new space totaling 925 sqm. McDonald's and CCC have also strengthened their presence at M1 Czeladź by extending their lease agreements. CCC has also decided to renovate its premises. Pierre Cardin is also staying in the project longer

New appointments

  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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