Published at: 2019-01-17 11:27 | Author: RM
Arco capital is finishing up construction on Building 15 at Business Park Sofia, an asset it acquired in 2009 from the original developer.
The building, expected to be the last at the 125,000 sqm business park, has been 90 percent pre-leased virtually since Lindner Immobilien Management began construction on it last year. Such is the confidence in the park that Arco achieved a refinancing of the Business Park Sofia in a long-term deal worth €133m. Marketing manager Ekatarina Radeva explained that in order to make room for the building, an older building constructed at the beginning of the development in the early 2000’s had to be t...
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