Orchid Developments is a Bulgarian property developer. Yesterday the company became the latest eastern European company to announce its intention to float on the Alternative Investment Market.
The company, which invests in both commercial and residential property and also operates hotels in Bulgaria, plans to raise EUR 20 milion (pounds 15 milion) from the float, which [...]
The Romanian government has only just started to involve itself in the green building concept but the new attitudes are gaining momentum. A host of Romanian public administration officials took the floor during the second and closing day of the Build Green CEE conference in Bucharest, Romania.
Buildings account for 37 per cent of overall energy consumption. In fact, buildings and transport collectively emit 50 per cent of overall green emissions, participants in the Building Green CEE Energy Efficient and Ecological Design for the Region conference concluded at the opening panel on April 23. The twoday conference, ending on April 24, is taking place in Bucharest, Romania.Participants agreed that constructing quot;green quot; buildings is an essential element of an overall strategy to reduce growing energy consumption and greenhouse emissions, both identified as the main drivers of climate change.
Price Euro: €9,650
Area: 2 Floors
Plot Size: 2,090m2
Extras: Electricity, Well, Outbuilding.
Location: In Fishing Area, In Hunting Area, In The Countryside, Near lake, Near river, Near spa resort.
You can invest in this remote rural house with fascinating view. The property is situated at the very end of small quiet village 35 km south from the district center [...]
The Balchik municipality has expressed interest in buying back the plot of land on which the remains of the ancient temple of Kibela the ancient goddess Cybele had been discovered. A buyback however, would take a significant chunk out of the municipal budget, Bulgarian news agency BTA quoted Balchik mayor Nikolai Angelov as saying.Angelov said the municipality had offered the current owners the chance to exchange the site for a larger plot but the offer had been rejected. The two sides could not reach an agreement about the value of a possible deal, Investor.bg said.
ING Real Estate Development ING RED, the real estate branch of the ING group, was planning to start a largescale real estate project in the centre of Bucharest, Investor.bg said.The new project was said to be similar to the Zlote Tarasy project in Warsaw and to include office spaces and a mall, Romanian daily Ziarul Financiar said.
Bulgarias National Construction Control Directorate started procedures to close down seven construction sites following regular controls performed between January 1 and March 31 2008, the directorate announced on April 22.In addition, the directorate imposed 10 administrative penalties and issued two fines, Investor.bg said.
Romanian capital Bucharest will host the Build Green CEE Energy Efficient and Ecological Design for the Region conference on April 2324. The forum is expected to draw more than 250 highprofile public officials, consultants, investors in real estate, representatives of technology and service providers, nongovernmental organisations and research institutions.
Balkan real estate expo BalPEx, one of the largest of its kind in SouthEastern Europe, opened its doors on April 18. For three days, the event will showcase more than 150 urban and vacation developments, office, commercial and industrial space worth in excess of two billion euro.The event has gathered investors, lenders and nonbanking financial institutions, consultants facing the real estate sector as participants.
Before one of my recent trips to Bulgaria, I was surfing the net for information about the country in general. I came across a line on a property website that claimed Bulgaria is like Spain 30 years ago. It set me thinking
When I was in my early teens I travelled across Europe with my younger [...]