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Austrian investors to built 250 mln. leva mall in Bulgaria's capital

Shopping City West Ltd, a daughter company of Austrian companies Real Finanz, Real Consult and Real Finanz East, and
Bulgarian Silvana Forest, will invest 250 mln. EURO in the building of a mall in the western part of Sofia.
The complex would be called Eurogate and would get a first class investment certificate, investor.bg announced.
The project would embrace the construction of offices and shopping areas, Invest Bulgaria Agency said.
The mall would include an area of 1.3 million sq m and be situated near the E80 highway connecting Sofia and Belgrade.
Trade and office centres would encircle the complex, the centre of which would be embraced by parks with trees,
fountains and small buildings.
The complex would have its own underpass station, investors said.
The first part of the investment, planed for 2007, totals 82 mln. leva. In the next two years the companies would invest 82 million leva per year.