ZBS, an investment manager and a developer of lifestyle shopping centres in Bulgaria, will launch the construction of a trade centre in the southern Black Sea city of Burgas this week, investor.bg reported. The investment is estimated at EUR 40mn. The rented area will amount to 30,000 sqm. The trade centre, named The Strand, is expected to be completed in the summer of 2012. ZBS, one of the main investors in the complex, informs that a total of 44% of the trade areas have already been rented. The complex will comprise also cinemas, bowling, restaurants and children areas (some 35% of all the area). At the end of 2008, ZBS announced plans to build trade centres in the country for a total of EUR 200mn.
Source: Intellinews-Bulgaria Today