| 28.10.2008 - London-listed property funds squeeze Bulgarian projects |
| From Sofiaecho.com: Two funds listed on the alternative investment market (AIM) of the London Stock Exchange said they would slash real estate investments in Bulgaria because of the ongoing financial crisis. Black Sea Property Fund gave up its Evergreen gated complex that it planned to build in the country, while Bulgarian Land Development (BLD) has slashed the number of apartments it agreed last year to buy in the Paradiso Verde 2 complex in the Bansko mountain resort..... Full Article: Source |