BURGAS: A NEW SHOPPING MALL
July 2nd, 2008 — 1:58pm
Regent’s Property Advisors, part of AG Capital presented their project Sun City Centre – shopping mall on 15 floors with total area of 41 516 square metres, 7100 square metres of which will be office space. The retail area will be only rented and already more than 30% have been let. The investment exceeds 30 million Euros and it is expected that it will create 580 jobs. Sun City Centre will open in 2010 while AG Capital plan to build a second shopping mall in the outskirts of Burgas. It is believed that the two projects will influence the commercial property market in the city, where at the moment shops rent from 60 to 100 Euros per square metre.