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Spring edition of BalPEx opens doors in Sofia

Saturday, Apr 19, 2008

Balkan real estate expo BalPEx, one of the largest of its kind in South-Eastern 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 non-banking financial institutions, consultants facing the real estate sector as participants.
Among landmark residential projects on display are the City of Fountains in Sofia's Mladost neighbourhood, Byala Cherkva in Kambanite neighbourhood, Residential Park Sofia opposite of the Sofia Business Park, Lagera Tulip and Vitosha Tulip named after eponymous neighbourhoods, and Modera Residence, among others.
Investors will also show vacation communities in Bulgaria’s ski and seaside resorts.
This year, commercial property developers increased their exposure and showed more and higher-value projects for office, logistics and retail centres. Currently, investors are interested not only in developing in the larger cities but in the smaller towns as well.
Visitors of the exhibition will have the chance to see the first presentation of the largest logistics project in South-Eastern Europe, the 100 hectare complex comprising storage, manufacturing and office facilities in Bozhourishte.
Investment intermediaries will also present several industrial projects, located off Plovdiv and Varna.

Source: PropertyWise Bulgaria