Galaxy Investment Group for another year in a row participated in the most influential public platform for discussion in the Bulgarian real estate sector "BalREc". The professional forum gathers high-level representatives from the most attractive companies in the field of investment projects in Bulgaria: investors and investment funds, banks, consultants, legal companies, asset managers and other participants in the investment process. Among the discussed topics were market tendencies and forecasts in various segments – office, commercial, industrial, residential and holiday projects, the economic climate as a factor for projects development, the challenges that investors face, best practices in asset management and current patterns of the market.

During the panel "Logistics and Industrial Space Market", it became clear that the development rate in this segment is growing. A common opinion from the participants in the conference is that Bulgaria is a market with potential and even with rising labor costs the country is still a competitive destination. Rental and purchase prices of industrial properties are expected to remain stable, but the offering of quality plots is insufficient.

"In the region of Plovdiv land with ready infrastructure for industrial and logistics activities remains a challenge. The success of Industrial Park Markovo convinces us that the customers appreciate quality products and prefer industrial plots where the land is ready for construction.", commented Martin Dragoev, Director Investment and Sales at Galaxy Investment Group.

During the conference in panel "Urban and Holiday Hotels - Trends 2018" Zhivko Ivanov, Asset Management Director at Galaxy Investment Group commented:

„We combine our fifteen years of experience in the hotel business with the international expertise, standards, sales systems and corporate identity of the leading hotel brands, which contributes to maximizing the financial performance of our hotel assets. In the beginning, achieving this synergy was a challenge, but at the moment we have well-working collaboration with global hotel chains and they see a reliable partner in the face of Galaxy Investment Group.

Currently, we see growing interest from world-wide hotel chains, regarding entering the country, but few partners with whom they can work with. In our view, every new brand will contribute to the destination being attractive and recognizable at international level, but only through high quality and familiar product we can achieve steady growth in the number of tourists and hotel accommodation price levels.

Luxury brands, like InterContinental and leading brands, like the hundred-year-old Hilton, are a guarantee for high quality and reliability for every one of the hundreds of millions loyal guests and corporate customers. Once the brands are positioned in Sofia, they have a solid foundation for further expand in the secondary cities. For these brands, this is an obligatory part of the development strategy.”