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BNB Fixing - November 21 2008

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Immoeast buys stake in Cherno More Park

Austrian investment fund Immoeast acquired a 50 per cent stake in Cherno More Park from Germany’s ECE Projectmanagement, the German company announced.

Once completed, the 150 million euro development will be the largest retail centre in Varna.

Immoeast is the subsidiary of Immofinanz, a company active in Central and Eastern Europe. In Bulgaria, Immoeast is present through real estate investment trust Prime Property BG. Immoeast has already invested in the construction of several office and residential developments in Sofia, as well as two vacation communities on the Black Sea.

Construction works of Cherno More Park were due to start in autumn this year, Plamen Ilchev, head of ECE Projectmanagement, told Dnevnik daily. The retail centre will be located in an area which formerly housed diesel engine maker Vamo.

Cherno More Park is due to be completed in 2010. This is the third ECE project in Bulgaria. Its first two projects, also malls, are to be erected in Sofia and will include 120 000 sq m of lettable space.

April 7 2008, source:
propertywisebulgaria.com

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Friday, November 21 2008

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What`s on in Bulgaria

Art

  • GONE WITH TIME
    What: Rada Tsankova has chosen this title for her solo exhibition because her paintings pose the following question: Are we the ones who go through time, or does time pass through us? It’s an eternal question and the discussion is intimate.
    When: Until November 20
    Where: Rakursi,4a Khan Kroum Str, Sofia
  • NEW YORK-BRUSSELS-SOFIA
    What: In Edmond Demirdjian's paintings the dynamics are evident as well as the unique rhythm of his colours that succeed in conveying the intensity of New York.
    When: Until November 28
    Where: Edmond Atelier,21 13-I March Str, Sofia

Live Music

  • HAGGARD and EXCITER in METAL MAYHEM
    What: For the first time in Bulgaria the symphonic thrash metal band from Germany, Haggard and the legendary Canadian outfit Exciter will hit the stage together. They will be joined by Remember Twilight and Balkanjii.
    When: November 20, 6pm
    Where: Blue Box club, Sofia
  • TEREN Music Parties
    What: Elements of Feelme Crew have been very active on the musical Tereni and there will be a lot more from them in the future. Teren (which translates into English as terrain) is Bulgarian slang for a house party.
    When: November 22, 10pm
    Where: Party Centre 4KM, Sofia
  • AL Di MEOLA QUARTET - NEW WORLD SINFONIA TOUR 2008
    What: The 2008 World Tour by guitar virtuoso Al Di Media and his quarter New World Sinfonia will culminate with two performances in Bulgaria.
    When: November 22 and 23
    Where: Plovdiv and Rousse
  • MIZIA: THE LISBON SONG (JAZZ)
    What: In her latest project, Susana Maria, aka Mizia, has returned to classical fado - the nostalgic, heartbreaking soulful sounds of the Portuguese capital’s dimmed and noisy taverns.
    When: November 29
    Where: Bulgaria Hall, Sofia