September 19, 2025

Bulgaria

Park Lane Developments Acquires Land for Development of Varna Retail Park

Construction on the planned Estrea Park Varna is expected to begin in the first quarter of 2026.

Sofia South Ring Mall Refinances Flagship Retail Property in Bulgaria

Sofia South Ring Mall EOOD has arranged to refinance its flagship retail property in Bulgaria.

First Big Orange Garden Picks Up FairPlay Business Hub in Sofia

FairPlay Properties REIT has sold the FairPlay Business Hub office building in the Hladilnika district of Sofia to First Big Orange Garden EOOD for EUR 23.04 million.

DSK Bank and OTP Bank Provide Real-Estate Financing for Bravo Sky in Bulgaria

DSK Bank and OTP Bank have provided EUR 88 million in real-estate financing to an unnamed borrower for Bravo Sky, a commercial development project in Sofia.

Revetas Group Sells Park Center Sofia to TSH Investment

Revetas Group has announced the disposal of the Park Center Sofia shopping center to TSH Investment, a joint venture between Trinity Capital AD and HUS Invest AD.

Avalant Helps Ontotext Move to New Headquarters in Sofia

Avalant has successfully helped Ontotext relocate its office to the Synergy Tower in Sofia.

Big Orange and Endurosat Acquire Former Alpha Bank HQ in Sofia

Peter Mitev and the Big Orange Foundation have entered into a joint venture with Raycho Raychev and Endurosat

Mitiska REIM and Park Lane Developments to Develop Retail Parks in Bulgaria

Mitiska REIM has entered into a joint venture partnership with Park Lane Developments to develop retail parks in Bulgaria.

Bulgaria’s Flat Manager Sold to Renters

Bulgaria’s Flat Manager rental property management company has been sold to Renters, which operates in the traveler-accommodation sector in Poland.

CTP Closes Two New Deals in Bulgaria