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Carrefour Tsarigradsko Centre reported

France's Carrefour, the world's second largest retail giant, said the launch of its first Bulgarian projects at a news conference held on November 5. Colliers International real estate consultants hold the exclusive agency rights of the project and Greece's TERNA will carry out the construction of the complex. The overall investment is estimated at 200 million euro. This is the largest mall project usually being developed on the Balkans. It is due to open in mid-2009.
The future centre will have a gross real area of 240 000 sq m, 14 000 of which will be allocated to the mall. It will embraces six levels, three of which will be underground parking lots and garages. The ground and first floor will house retail outlets and the third level is planned as a zone for leisure and entertainment. The complex will give shelter 200 retail outlets and its gross leasable are is calculated at 66 000 sq m. There will be office buildings adjacent to the establishment.
The company will open 20 hypermarkets in different Bulgarian towns in the impending five- to seven-year period. The first one will open in Bourgas at the close of 2008. The next complex are projected in Sofia, Varna, Plovdiv, Stara Zagora, and Rousse. The capital alone will have at least two outlets.