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Serdika Offices - A new business standard for Bulgaria Leasing process started

Serdica Offices © ADVANTAGE AUSTRIA

© ADVANTAGE AUSTRIA

14. October 2009

„Serdika Offices is part of the Serdika Center, one of the biggest investment sites in Bulgaria, which is not only unaffected by the financial crisis but is progressing with an impressive pace on schedule. The official opening of Serdika Offices is planned for the autumn of 2010. Serdika Center’s mall is going to be opened during the spring of 2010. With its 52,000 m² of shopping areas, located on 3 floors; more than 220 shops and nearly 32,000 m² of Class A office space, Serdika Center will be one of the biggest shopping and office centers in Sofia. It is located on Sitnyakovo Boulevard, within close proximity to the city center and with excellent access by road and public transport.

The investor of Serdika Offices is Sparkassen Immobilien AG , Austria’s longest-standing property investment company. The enterprise is supported by Immorent Bulgaria , a wholly-owned subsidiary of Austrian Erste Group Bank and very experienced in the field of real estate development in Central and Eastern Europe. Property Management is provided by ECE - the European leader in the file of shopping centers. Exclusive consultant of the project is Colliers International .

„The countries of Central and Eastern Europe have become an extremely important market for Austrian companies in general and real estate investors in particular” according to Mr. Friedrich Wachemig, a Member of the Board of Sparkassen Immobilien AG. He added that “a lot of investors are seeking their fortune these days – not all of them intend to stay on a longer term. Sparkassen Immobilien AG is a long-term investor. We have gained extensive experience in the field of real estate investments within the last 21 years.”

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