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| Sparkassen Immobilien and ECE to invest in Sofia's Serdika Center  Vienna stock listed Sparkassen Immobilien AG, the real estate investment company of Erste Bank is developing together with ECE Projektmanagement, Hamburg, the European market leader for shopping centers, one of the biggest shopping and office centers in Sofia. The total investment volume of the new Serdika Center is EUR 180m. The construction permit for this project was recently issued by the Bulgarian authorities. With its 50 000 square meters of sales space on three levels, around 200 high-quality shops, and about 35 000 square meters of office space, the Serdika Center will be setting new dimensions and quality standards in Bulgaria. The completion for this large shopping and office center is planned for 2009.Sparkassen Immobilien AG is represented and managed in Bulgaria through Immorent Bulgaria, a 100 % subsidiary of Erste Bank group. write your comments about the article :: © 2007 Construction News :: home page |