29.10.2008 - Black Sea Property Fund delays Bulgarian resi scheme
From Propertyweek.com: The Black Sea Property Fund has delayed the start of its residential development Evergreen in the Mladost region of Sofia because of adverse market conditions in the country. The AIM-listed company said that any termination fees or penalties from this delay will not have a material impact on the company. It said that the property will be retained by the company in its land bank and the board will decide what to do with it in due course..... Full Article: Source
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