Major Property Expo Promotes Office Real Estate

Business: 13 May 2005, Friday.

The office segment will be the focus at the Bulgaria's biggest real estate expo, which opens May 20 in Sofia, forum's consultant Deyan Kavrakov announced on Friday.

The international forum, which is the biggest and most successful platform in the country for presenting the latest products and services on property markets, will take place at Inter Expo Center in Sofia up to May 22.

On an area of more than 4,000 sq.m. Bulgarian and foreign companies will present over 250 products worth EUR 1 B.

The expo responds to the very intensive competition on the real estate market in Bulgaria, said Kavrakov, who is also CEO of ADIS Ltd., Bulgaria's leading full service real estate company.

There is a rapidly growing interest not only towards residential real properties, but also towards business and trade centers, Kavrakov said.

Real Estate Expo gives opportunity to the customer to compare offers by different companies gathered at one place. At the same time it provides good chances for setting business relations between the companies themselves, Kavrakov said.

The US business reacts immediately to attractive real estate markets, and the one in Bulgaria is surely such, explained Valentin Georgiev, Executive Director of AmCham Bulgaria, also a participant in the forum.

The expo will take place under the aegis of the International Real Estate Federation (FIABCI) Bulgaria.

Novinite