Austrian realty investment company Meinl European Land and Dutch “Multi Development” (subsidiary of “Multi Corporation”) are going to initiate this year their first mutual Bulgarian estate project. They are going to construct a new “Forum Sofia” Mall on the Sofia ringroad near the Business park.
Constructon start date has not been said, but it is expected to start in Autumn this year. Completion is due in two years time.
The complex will include a hypermarket, a “do-it-yourself” outlet and many other stores with total area of 35 000 sq.m, several restaurants and cinema theatres. “Forum Sofia” will be constructed on a 180 000 sq.m landplot and the total built-up area will be more than 85 000 sq.m with 3800 parking spots.
Dutch-based “Multi Corporation” has a longstanding presence in 20 European countries, as well as in Romania, Greece, Hungary and Turkey. Specialised in commercial estates and mainly in shopping centres and malls, the company has been awarded by the International Council of Shopping Centres for its developments all across Europe.