In the News : Go-Ahead for Sofia's Most Luxurious Resident Complex

Lord Anthony St John of Bletso (C), chairman of the Investment Committee of Equest, launched the construction works of Sofia's most luxurious resident complex Embassy Suites.

The first sod of Sofia's most luxurious resident complex Embassy Suites was dug up Thursday in the presence of many journalists, partners and representatives of the investors.

The main investor in the major project, Immofinance, is a subsidiary of Equest investment fund.

Lord Anthony St John of Bletso, member of the Lords' Chamber and chairman of the Investment Committee of Equest, along with the other participants in the official ceremony signed a special Massage to the generations, which was laid in the foundations of the Embassy Suites.

Embassy Suites is an exclusive gated community project of Immofinance and full service real estate company ADIS Ltd. The complex spreads on a 16 000 sq m land plot in the skirts of the Vitosha Mountain in Sofia.

It consists of 2 areas: Park Zone (4-storey residential buildings) and City Zone (8-storey building, comprising 2 000 sq m of retail space and six residential floors). The area of the apartments is between 99 sq m and 250 sq m, all standing out with its elegance of architecture and luxury finishing.

The habitants of the 80 apartments in the complex will be served by the commercial area with its bank office, restaurant, coffee bar, hairdresser, dry cleaning, video store, and a fitness hall.

The primary focus of Immofinance, the main investor in the project, is investments in real estate property and work in the field of tourism, recreation and rehabilitation as well as strategic partnerships with international financial institutions and property development companies. The company was founded in 2004 in affiliation with Equest Investments Bulgaria Ltd. by a team of experienced real-estate investment and banking professionals.

Immofinance is partnered in this project by Bulgaria's leading full service real estate company Domestic Diplomatic Properties Agency ADIS Ltd.

Livel EOOD, which has 15 years of experience, was chosen to be the constructor of the major project.

Novinite