Scotish company purchases mall in Bulgaria's coastel Varna
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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