ARTICLES LABELLED WITH TAG Varna

News Black Sea Property to take over Grand Hotel Varna
27
Jul
2023

Black Sea Property to take over Grand Hotel Varna

by Property Forum
Isle of Man-registered Black Sea Property, a company involved in property development, financing, and sales in Bulgaria, has recently announced a significant acquisition. They have signed an agreement to acquire 98.27% ownership of the Bulgarian hotel operator, Grand Hotel Varna, for approximately €28 million. The deal is to be finalized by October 30th. It aims to bolster Black Sea Property's investments in the hospitality sector.
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News Delta Planet Mall in Varna invests in rooftop solar installation
03
Apr
2023

Delta Planet Mall in Varna invests in rooftop solar installation

by Property Forum
In March 2023, the Delta Planet Mall retail centre, located in Varna, Bulgaria, inaugurated an innovative photovoltaic solar installation. The investment of nearly €500,000 (BGN 1 million) covers the construction of 1,029 solar panels with a total capacity of 556 kW.
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News Bulgarian insurer buys Varna office complex
10
Feb
2020

Bulgarian insurer buys Varna office complex

by Property Forum
Bulgaria-based insurance company DZI, part of Belgium's KBC Group, has acquired Mall Varna, an office building located in Varna, Bulgaria. The seller was Hidrostroy, a local company. The transaction price has not been disclosed.
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News Delta Holding to invest €600 million in real estate projects
19
Jan
2018

Delta Holding to invest €600 million in real estate projects

by Import Sys
In the next two years Delta Holding plans to invest €600 million in real estate projects in Serbia, Bosnia and Herzegovina and Bulgaria.
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News Delta Real Estate develops Varna shopping mall
05
Sep
2017

Delta Real Estate develops Varna shopping mall

by Ákos Budai
Delta Holding subsidiary Delta Real Estate, in cooperation with AP investments, has finalised the acquisition of a shopping mall in Varna, Bulgaria. The project is worth €120 million and it will be completed in May 2018.
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Latest news


New leases

  • The Irish Embassy in Poland will remain in its current location in the Liberty Corner building in Warsaw for the next ten years. It occupies 750 sqm of office space. JLL advised the tenant during the negotiations.
  • Arla Global Shared Services will move its local headquarters to the Punkt office building in Gdańsk. The company has leased nearly 10,000 sqm of space, to which it will move in early 2026.
  • Spanish clothing brand Zara, owned by Inditex, is closing its shop in the Wars Sawa Junior complex in Warsaw. Its place will be taken by Uniqlo, which has been operating in the facility as a pop-up store since 2021. The Japanese-origin clothing brand Uniqlo has so far been present in the complex in the form of a temporary shop of around 800 sqm. The space vacated by Zara has allowed the brand to occupy almost 1,800 sqm.

New appointments

  • Colliers has announced the appointment of Grzegorz Sielewicz as Head of the Economic and Market Analysis Department for Central and Eastern Europe (CEE). His role will cover Bulgaria, the Czech Republic, Hungary, Poland, Slovakia, and Romania.
  • Genesis Property has appointed Flavia Schoech as COO, tasked with leading the development and alignment of the operational strategy of the developer.
  • Beata Rodziewicz joins the Corees Polska team as Leasing Director. She will be responsible for the commercialisation of office buildings.

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