Delta Holding to acquire a shopping center in Varna, Bulgaria
Serbian company Delta Holding continues to expand its real estate business in the region by acquiring a shopping center in the Bulgarian seaside town of Varna, local media reports.The company is reportedly scheduled to sign a contract for the purchase of the Bulgarian shopping center with the Sofia-based company AP Investment on the 4th of September.
Delta Real Estate, the real estate arm of Delta Holding, is known for the construction of Delta City shopping malls in Belgrade and Podgorica, Delta Park in Kragujevac, as well as the residential complex Bellville in New Belgrade.
In July this year, the company began the construction of Delta Planet shopping center in Banja Luka, Bosnia and Herzegovina. The project represents an investment of 70 million EUR and is scheduled to open its doors to the public in autumn 2018.
As previously announced by its representatives, Delta Real Estate has multiple investments in the pipeline, including the construction of Delta Planet shopping center in Belgrade’s Autokomanda area.