GE Real Estate in Bulgaria
In cooperation with a group of investors advised by Quinlan Private, GE Real Estate signed a contract to purchase the center from Ocif and CCI, stipulating that the remaining 50-percent stake would be purchased upon the structure's completion. The 22,326-sqm shopping center is currently scheduled for completion in Q4 2008. Over 50 percent of leasable space in the mall has been pre-let.