Showing posts with label property. Show all posts
Showing posts with label property. Show all posts

Friday, 1 March 2013

Trust capital is King! (Sourcing & Leasing Immovable Commercial Assets,Sofia, Bulgaria)



Service you can trust!
We have both residential and commercial brands with mobile device enabled web platforms. 

Trust capital is King when it comes to procurement/tenanting any immovable asset and it is all too often lacking in Sofia.

As a British owned enterprise we provide clients with a unique perspective acting as a reassuring 'cultural bridge' after 9+ years on the ground here in Sofia. This experience acts as a significant USP giving Dynamic Space (Commercial Property) a resonance with clients that few other ''brokeri-shmokeri'' can match.

The state of leasing services as delivered to the international business community in Sofia, is in the main, lamentable.  All too often it feels like we are standing on the shoulders of Pygmies rather than Giants when it comes to improving the service culture in the local real estate sector.

The experience of working with so called 'colleagues', more interested in pushing unsuitable assets on clients
and their commission, rather than tailoring a property search to the precise needs of their clients, is less than inspiring.

At Dynamic Space (Commercial Property) we offer a value added service with a skill set that reaches beyond door opening.  We offer surveying, fit-outs and project management to BREEAM / LEED / BOMA / RICS standards via our network of professional associates and strategic alliances.  


Our insight into local construction impact our clients for the good & we look forward to making a difference!  Let us know, what is your experience of Real Estate professionals in Bulgaria? 


To rent offices with a service you can trust, in Bulgaria, contact the Dynamic Space the commercial property experts:

Website: www.dynamicspacebg.com

Mobile: +359 (0) 896670507 +359 (0) 897036030
Office/Fax: +359 (0) 2 953 01 16
e-mail: info@dynamicspacebg.com

Office Address: Ul.Vladayska 42, Sofia, Bulgaria

Twitter: @dynamicspacebg
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AIPP Member
 

Thursday, 4 October 2012

Bulgarian State Construction Company Privatized For BGN 51 M

Visit the Dynamic Space (Commercial Property) Website. 

Bulgarian state construction company Technoexportstroy was privatized Wednesday against BGN 51 M given by Bulgarian firm AT Engineering 2000.
AT Engineering was the sole bidder in the privatization tender, and acquired 100% of the company's 103,970 shares.
This is the biggest yet privatization deal in Bulgaria for 2012, but came to be finalized only after the third try.
At the first listing of Technoexportstroy, Bulgaria's Privatization Agency had set a BGN 68 M minimum limit, dropping to BGN 60 M at the second, and then dropping off at the third.
The privatization contract obliges the buyer to keep the principal field of operation of the company unchanged for the next 3 years.
The buyer is also obliged to not initiate or support a liquidation or transformation of the company for the same period.
AT Engineering 2000 engages in construction and repair of industrial, administrative and residential buildings.
Its last major project involves taking part in building composting facilities at the future Sofia recycling plant, as a part of the Eggersmann & Co. consortium.
The company has received a significant drop of income from BGN 78 M in 2009 to BGN 16 M in 2011, which has resulted in some 120 employees being laid off.
Technoexportstroy's financial situation is not good either, with a small profit of BGN 119,000, but also uncovered losses of BGN 175 M, given a capital of BGN 82.6 M and blocked bank accounts.
The company is however known to own attractive real estate and facilities, as well as a network of units abroad.

Article courtesy of www.novinite.com 
Image courtesy of: http://www.freedigitalphotos.net image by 'Stuart Miles

To rent offices with a service you can trust, in Bulgaria, contact the Dynamic Space property experts:

Website: www.dynamicspacebg.com

Mobile: +359 (0) 896670507 +359 (0) 897036030
Office/Fax: +359 (0) 2 953 01 16
e-mail: info@dynamicspacebg.com

Office Address: Ul.Vladayska 42, Sofia, Bulgaria

Twitter: @dynamicspacebg