Immoeast to build in Warna

Immoeast is investing in the Bulgarian city of Warna, located along the coast of the Black Sea. It currently plans to build the 90,000-sqm Cherno More Park shopping center. The shopping center, developed in cooperation with developer ECE Projektmanagement, is expected to cost some €150 (zł.640) million to build.

Construction is expected to begin in Q4 2008 and last two years. There will be some 180 stores and restaurants in the center, in addition to 1,800 parking spaces for visitors.