Two- and three-room apartments are the most preferred in the selection of rental housing. In recent years, demand for rental housing of high class is increasing, but the supply is insufficient. This affects the interest of buyers to purchase housing for investment purposes in the high segment. Real estate in this segment provides spacious and bright rooms, friendly environment and additional extras. Pros in choosing of an apartment are underground and surface parking, convenient location, modern infrastructure and availability of accessible transport nearby. Residential complex Royal City can offer all of this to its customers who are looking for security, peaceful living environment and comfort in their property. The complex is located in the prestigious neighborhood Karshiyaka in Plovdiv and has various types of apartments - different sizes, layout and facing, and in the construction quality materials and technologies were used. For families with small children Royal City has a kindergarten, study hall and children's playground. The residents can enjoy the beautiful garden. Safety and security are provided by 24-hour security and professional maintenance of the property. Additional benefits are the availability of parking places, shopping areas and the nearby restaurants and grocery stores. Information about special offers that are valid when buying an apartment until the end of 2016 you can get on the phone: 0897 555 555.
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TWO- AND THREE-ROOM APARTMENTS ARE THE MOST SOUGHT-AFTER RENTAL HOUSING
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THE COMPETITION "MR. AND MRS. ECONOMY 2016" WAS HELD IN PARTNERSHIP WITH GALAXY INVESTMENT GROUP
View moreFor the second consecutive year the Confederation of Employers and Industrialists in Bulgaria (CEIB) and "Economics" magazine gathered the business elite of Bulgaria at the award ceremony "Mr. and Mrs. Economics 2016". Several hundred guests attended the event, which took place on 30 November in Sofia. 38 entrepreneurs in 10 categories were nominated for the prestigious business awards, with a jury including the Governing Council of CEIBG choosing the winners. This year's winner of "Mister Economy" for 2016 is Ognyan Donev, Chairman of the Board of Directors and CEO of "Sopharma". As "Mrs. Economy" employers' organization announced Svetla Lesova, CEO of "Mondelez Bulgaria". The competition has 20 years of history, as CEIBG is co-organizer of the event in partnership with the magazine "Economy" in the past two years. Traditionally, winners receive a statuette "The Fisherman and the Goldfish," authored by sculptor Stavri Kalinov, and a diploma. Partner of the event was Galaxy Investment Group and the CEO of the company Konstantin Boyadzhiev awarded the prize in the category "Transport and Logistics".
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THE FORUM "OUTSOURCING DESTINATION BULGARIA" WAS HELD WITH THE SUPPORT OF GALAXY INVESTMENT GROUP
View moreBulgaria ranks third in the world in attracted foreign direct investment in the outsourcing sector and first among European countries. The sectors of information and communication technologies, as well as outsourcing and business services are among the key drivers for creating new work places in the country. This shows data from the annual ranking of the Business Process Outsourcing and Shared Service Location Index 2015, which was presented at the forum by the Executive Director of the Bulgarian Investment Agency Stamen Yanev. In Bulgaria 364 companies are working in the outsourcing industry. Last year, employment in the sector were 42,000 people, and in 2020 their number is expected to reach 64,000 people. Revenues of companies in the outsourcing sector in our country are growing and already amount to 1.4 billion Euros, which is 3.4 percent of gross domestic product. Expectations are while maintaining good business environment, the turnover of the sector to double by 2020. It is expected that in the next 3-4 years the number of people employed in the IT sector and outsourcing industry in Plovdiv will double. Currently 5,000 people in the city work in the companies from these sectors. The problem with staff is one of the topics that were discussed at the business forum. The focus of the company this year is looking to the future and the next steps in the development of the IT sector in Plovdiv. During the forum, the launch of a special program to train students in "Software Engineering" at Plovdiv University was officially announced. The program is entirely funded by the municipality. Under this program, for the first year, 20 Ukrainians of Bulgarian origin, and 10 Bulgarians were accepted at the University. In the business forum, the most modern office park in the city was presented - Office Park Plovdiv, a project of Galaxy Investment Group, which just last month opened its doors and is the place where the investors with high requirements can rent a class A office. The building is specialized in the IT and outsourcing sector. Office Park Plovdiv attracts tenants due to its attractive location, in an area with newly constructed parks, streets and underground infrastructure. It is situated in the greenest part of the city next to the Mall of Plovdiv and Rowing Canal.
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OFFICE PARK PLOVDIV WAS OFFICIALLY OPENED ON OCTOBER 25, 2016
View moreThe newest modern office building in Plovdiv - Office Park Plovdiv – was opened on the 25th of October. The event was attended by representatives of local government and public administration, financial institutions, consultants in the field of real estate, and business representatives from different sectors. Konstantin Boyadzhiev, СЕО of Galaxy Investment Group, with the Mayor of Plovdiv Ivan Totev, and Martin Dragoev, Director of Investment and sales in the company, cut the ribbon. "Office Park Plovdiv provides a modern and comfortable working environment. We've got the perfect technical infrastructure, we have chosen the best location and have used undisputed quality in the execution ", - said Konstantin Boyadzhiev, who did not hide his satisfaction with the fact that the project is realized precisely in the town of Plovdiv, which is increasingly favored by industry, businesses and young people. During the construction, a large part of the building was rented. Two of the biggest Bulgarian companies in the field of information technology will work there - SiteGround and Bulpros. SiteGround are the bearers of the prize for best IT employer in 2015 from AON Bulgaria. Bulpros is the only company in our country represented in the ranking of Deloitte Technology Fast for Central and Eastern Europe. Easy Consult, Javelin Group, and DelaSport joined Office Park Plovdiv along with them. "You can do business for the future and we are waiting to get people who want exactly that. Some of them have already done it", - said Konstantin Boyadzhiev. The building fully meets the requirements for offices of new generation. It consists of underground parking, ground floor and six office floors each with a total area of 1194 square meters. The chosen location is in the green zone of the city next to the Recreation and Culture Park and the Rowing Canal.
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„INDUSTRIAL PARK MARKOVO" WAS PRESENTED TO INVESTORS IN PLOVDIV
View morePlovdiv remains a favorite place for launching industrial activities, it became clear during the seminar dedicated to the industrial properties market, organized by the platform “BG stock”. The participants at the event agreed with the idea that industrial projects can happen in cities where there is appropriate logistical resources and conditions. "Industrial Park Markovo", which is located in the southern part of the city, is just such a terrain that has comfortable and attractive location for all types of production activities and logistics, because it is located on the ring road of the city, 5 km from Plovdiv Customs, 10 km from Airport Plovdiv and 14 km from highway "Trakiya". "Industrial Park Markovo" offers land for logistics and production activities of various types. The project of "Galaxy Investment Group" has a total area of 158,000 square meters, where you can easily isolate different size areas depending on the desires and needs of the client. Competitive advantage is the possibility of gasification, making the future production very effective. There are various options for the development of the area in accordance with the specific requirements of investors, and last but not least - competitive prices compared to other similar sites in the area . The development of the "Industrial Park Markovo" is crucial to the growth of the industrial character of the southern part of the city. The area is not overbuilt unlike town of Rakovski, village Radinovo and town of Kuklen. In recent years, many large and emblematic companies have invested in land near Plovdiv. According to observers of the real estate market, this is due to lower production costs and well developed transport infrastructure which supports the process of industrialization in the region.
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INVESTORS SHOW GROWING INTEREST IN REAL ESTATE INVESTMENTS IN BULGARIA
View moreThe 19th edition of Expo Real was held in Munich from 4 to 6 October 2016. The exhibition brought together 1768 exhibitors from 29 countries. Galaxy Investment Group presented their projects, focusing on attractive and innovative concepts with clear competitive advantages, in line with long-term market trends. "Interest in Bulgaria is increasing greatly" said Konstantin Boyadzhiev, CEO of Galaxy Investment Group. According to him, commercial real estate with stable cash flows are the most attractive for long-term investors and Bulgaria has something to offer. Noticeable change is observed in investor sentiment. Historically low interest rates motivate institutional investors to broaden their horizons and look increasingly to the east of their traditional markets in Western Europe, and in recent years, Central Europe. Romania and Bulgaria are standing out on the map, and Bulgaria is viewed more favorably. According to Konstantin Boyadzhiev interest in our market is mostly by investment funds, who are seeking to diversify their portfolio of properties. The most discussed assets of the exhibition were office buildings, hotels, shopping centers and industrial properties. Of course, the projects must meet all modern requirements for sustainable exploitation. As in Central Europe and in Bulgaria the office market over the past five years is driven by IT and BPO companies. Historical growth along with positive attitudes of the representatives of the industry provide a stable basis in this segment for the next five years at least. Weak pipeline of projects under construction indicates the possibility of growth at the rental levels. Secondary locations such as Plovdiv are appreciated positively too. In the talks, which were held at Expo Real, Office Park Plovdiv and Sofia Business Tower are characterized as good opportunities for entry into the office market by foreign institutional investors who turn to attractive projects ensuring both efficient operation and predictable and stable cash flows.