Varna Logistics Park to cost more than EUR 50mn

The construction of Varna Logistic Park , which has already started, is expected to cost more than EUR 50mn, Monitor Daily reads. The project is run by the local real estate investment trust FairPlay Properties and the UK registered Bulgarian Property Developments. The park will be located in the western part of the industrial zone of the northern Black Sea city of Varna on the area of 80,000 square metres. Varna Logistics Park will consist of business area and storehouses. The first stage of the project, covering 30% construction works completion, is expected to be finished by the end of this year.