The real estate investment unit of General Electric, GE Real Estate, may open office in the capital of Sofia next year. The other possible location is Romania ’s capital city Bucharest . GE Real Estate controls stakes in two big business centres in the country – Mall of Sofia and Mall of Plovdiv located in the capital city and the country’s second largest city respectively. GE Real Estate informed last month that it has joined the US property developer Tishman in the EUR 250mn project named Sofia Airport Center , which comprise office buildings, logistics facilities, and one hotel with total built-up space of 165,000 square metres. The investments of the company in the country amount to more than EUR 200mn.
Source: Intellinews-Bulgaria Today