Petrol Holding seeks Russian partner for EUR 600 million project
05 April 2009
Petrol Holding, owner of Bulgaria’s largest fuel retailer Petrol, seeks a Russian partner to establish a joint venture for the construction of an up to EUR 600 million real estate development project in the Black Sea country, said Nikola Krastev representative of the holding's real estate developer Evrocapital Bulgaria, Standart reports.
The multi-use complex has a built up area of 600,000 square meters and it will include a five-star hotel, three residential buildings with 1,000 luxury flats, a parking lot for 2,500 cars, two office buildings, conference halls, sports facilities and green areas.
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