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Scotish company purchases mall in Bulgaria's coastel Varna

26.09.2007

Scottish company Miller Developments purchased Mall Varna for 120 million euro, consultancy company Forton International announced.
The sales negotiations lasted more than a year and involved consultants from Forton and Cushman&Wakefield, investor.bg announced.
The construction of the mall itself was undertaked a bit earlier by the investor Interservice Uzunovi.
Gross built-up area of Mall Varna was 70 000 sq m. About half of the mall’s area, 32 000 sq m would be offered for rent. The mall should be opened half a year.
Pavlina Nikova, Forton manager for the project, told that there were already tenants for 26 000 sq m of the area to be rented.
The mall would have a cinema, supermarket, bowling, bookstore and 10 restaurants, she announced.
Miller Group is the biggest private property construction holding in the UK, investor.bg reported.
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