About 10 percent of Bulgarian construction companies are expected to go bankrupt in the next few months because of the consequences of the financial crisis. This was announced by Bulgarian Regional Development and Public Utilities Minister Rosen Plevneliev at a ministry conference yesterday. Read the rest of this entry »
Archive for category Real estate
Vanke, China biggest listed real estate developer announced sales volume of 4.82 billion yuan (705.6 million U.S. dollars). It represents 18,3% rise – the smallest gain since March, China Daily reported.
The combined sales volume of the Shenzhen-based developer increased 4.5 percent year on year to 495,000 square meters across the country. Read the rest of this entry »
Australian economy is showing signs of recovery and there are already talks of rate hikes. but its not a good news for everyone. A survey revealed on Thursday shows that one in five Australian property owners would face severe mortgage stress if their monthly home loan repayments were increased. Read the rest of this entry »
Burgas Municipality pleaded for an assistance to any citizen who has an old photo of city`s casino. City officials are trying to replicate the landmark and its reconstruction project should be ready in October. After architectural project is ready selection procedure for construction contractor of the facility will be initiated, municipality said.
Burgas Municipality wants to restore the building – a symbol of the city as close as possible to its original appearance. Read the rest of this entry »
